The transitional phase of the Carbon Border Adjustment Mechanism (“CBAM”) regulation began on 1 October, 2023 with the first reporting period for importers ending on January 31, 2024. All stakeholders, including importers, producers and regulators are expected to utilise this transition period as a learning opportunity.
- What is CBAM and how does it work?
- CBAM’s impact on Indian companies
Source: mondaq