Understanding the Carbon Border Adjustment Mechanism

Event Details

27
27 November 2024
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10:00am - 11:00am
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Virtual Event

The EU’s Carbon Border Adjustment Mechanism (CBAM) came into force in October 2023, with EU importers now obligated to report on the specific embedded emissions of certain goods. If the goods you export to the EU fall under the scope of CBAM, your customers will be expecting this emissions data from you, and complying with reporting standards will require a comprehensive understanding of emissions produced in your supply chain and in your own production processes. As CBAM moves from its current transition period to the definitive period beginning January 2026, greater emphasis will be applied on a product’s embedded emissions from a commercial perspective, as a carbon price will need to be paid in order to offset these emissions.
 
Coupled with the UK’s proposed CBAM coming into full force in 2027, covering the import of certain products, it is crucial companies gain a full understanding of the embedded emissions within their supply chains.
 
Even if the products you export or import do not currently fall under the EU CBAM or proposed UK CBAM, their scope is expected to widen to cover more sectors in the future, so this may be the opportunity to gain a valuable understanding of what to prepare for!
 
Join our CBAM Specialists, Paul Harper and Jon Alford from Auditel - the UK’s leading carbon, energy and cost consultancy, who will be delivering this webinar on CBAM and its implications to UK exporters.
 
This webinar will cover:

•    An introduction to carbon; its terminology and market forces
•    An overview of the EU’s CBAM regulation; background, scope, terminology and approach
•    What this means to UK exporters, and the opportunities presented
•    A brief look at the proposed UK CBAM for UK importers


Date:   Wednesday 27 November  10.00am to 11.00am 
Virtual:  Zoom Platform
Cost to attend:  FREE

 

Please note: This event will not be recorded and any material will only be circulated to those that attend

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