- The European Commission proposed changes to simplify and strengthen the Carbon Border Adjustment Mechanism (CBAM).
- The proposal includes a new CBAM de minimis threshold exemption of 50 tonnes mass for small importers, mostly SMEs and individuals.
- The proposal aims to simplify compliance with CBAM obligations by simplifying the authorization of declarants, the calculation of emissions, and the management of CBAM financial liability.
- The proposal also includes measures to strengthen anti-abuse provisions and develop a joint anti-circumvention strategy with national authorities.
- The Commission will review CBAM later this year to assess its potential extension to other ETS sectors, downstream goods, and indirect emissions.
- The Commission will also examine how to help exporters of CBAM products at risk of carbon leakage.
- A legislative proposal is expected in early 2026.
Source: taxation-customs.ec.europa.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
