European Council approves simplified CBAM: what this means for your business
On 29 September, the European Council adopted new rules to simplify and clarify the Carbon Border Adjustment Mechanism (CBAM). These changes reduce paperwork and costs for businesses while maintaining strong climate ambition. Even with the simplification, about 99% of CO₂ emissions from CBAM goods will still be included.
Why is CBAM changing?
CBAM is designed to create a level playing field. By taxing imports of products with high CO₂ emissions, it ensures that European producers investing in sustainability aren’t put at a disadvantage.
In practice, many CBAM rules turned out to be complex and expensive, especially for smaller importers. This new regulation aims to ease the burden on businesses while continuing to drive the green transition forward.
Key CBAM changes
The regulation will be published in the EU Official Journal and will take effect on the third day following its publication.
What does this mean for SMEs?
For small and medium-sized businesses, complying with CBAM will become simpler and less costly. However, it’s still essential to know the CO₂ footprint of your imports. If you exceed the new threshold, reporting is still required.
What you can do now
- Check your imports - See if you're below the new exemption threshold.
- Track your CO₂ impact - Stay informed about the emissions linked to your purchases.
- Follow the EU publication - Keep up with the official regulations once they’re released.
These changes make compliance easier while keeping Europe’s climate goals on track. It’s a good time to simplify your own processes and prepare for the next EU sustainability rules.
Want to know if your business benefits from the new CBAM rules, and how to stay prepared for future EU requirements?
Get in touch with us and start measuring your CO₂ footprint today.
