Law-Now
Carbon Border Adjustment Mechanism transition in effect since 1 October 2023
24 Nov 2023
Belgium
1 min read
Authors
On 1 October 2023, a two-year transitional period began for implementation of Regulation (EU) 2023/956, which introduces the Carbon Border Adjustment Mechanism (CBAM). CBAM levies punitive CO2 charges against third-country importers of certain goods and only permits...