Webinar on the EU Carbon Border Adjustment Mechanism

Many EU-based manufacturers have had to come to terms with the shortcomings of the European Emission Trading System (ETS). One of them is the competitive disadvantage for EU-based production sites, as the allowances you pay  for your carbon emissions are often higher than that of your non-EU competitors. But could this all come to an end soon? The Carbon Border Adjustment Mechanism (CBAM), which shall come into force on 1 October 2023, certainly provides reasons to hope so.

With CBAM, companies opting for non-EU based suppliers will have to pay an additional charge, enough to really level the playing field. Products such as iron and steel, cement, aluminum, fertilizers, electricity, hydrogen production and even some downstream products like screws and bolts will be impacted by the new mechanism.

You’re a tax expert or adviser? You work in supply chain, logistics or procurement? Then this webinar might be just for you. Rewatch one of our webinar recordings as listed above. Our experts will walk you through the CBAM’s purpose, mechanisms, expected impact as well as provide you with up-to-date information on relevant tax regulations.

Speakers

Giovanni Gijsels, Alexis De Méyère, Helena Caluwé, Alex Bihain