Products in Scope
CBAM initially targets imports of carbon-intensive goods in the customs territory of the EU, focusing on 6 sectors such as cement, electricity, fertilizers, aluminum, iron, steel, and hydrogen. During its transitional phase from October 1st, 2023 to December 3st, 2025, the regulation requires importers to report greenhouse gas emissions embedded in these imports, with the scope set to expand. Between 2026 to 2034, CBAM aims to include additional goods produced in sectors covered by the EU Emissions Trading System (ETS), to create a level playing field. This expansion will gradually cover both direct and indirect emissions, ensuring a more comprehensive approach to preventing carbon leakage and strengthening global climate action.