Comments on the draft implementation regulation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional period

2023-07-11 | Beijing

On 11th July,  the Carbon Market Sub-working Group and multiple Working Groups submitted comments to the European Commission on the draft implementation regulation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional period.

Key recommendations include commissioning qualified verification bodies to check CBAM reports to assess compliance with the reporting obligations; clarifying the type of information to be submitted in the CBAM reports, etc.