On February 26, 2025, the European Commission (EC) unveiled a package of proposals designed to simplify European Union (EU) regulations, boost competitiveness, and unlock additional investment capacity.
Among these proposals, the Carbon Border Adjustment Mechanism (CBAM) stands out as a key initiative aimed at streamlining reporting obligations for importers of goods into the EU, enhancing compliance efficiency, and reducing administrative burdens.
Source: PwC
