Carbon Border Adjustment Mechanism (CBAM) Regulation 2023/956

HEADLINE: EU importers lacked carbon cost parity with domestic producers.

Key Obligations

["Report embedded emissions in imported goods quarterly (transitional)", "Purchase CBAM certificates from 2026", "Verify emissions data by accredited verifier", "Register as CBAM declarant"]

Penalty Ranges

{"non_reporting": "\u20ac10\u2013\u20ac50 per tonne CO2 not reported", "fraud": "Additional penalties under national law"}

Mandatory Deadline: 2026-01-01

Affected HS Codes: ["25", "26", "27", "28", "72", "73", "76"]

Issuing Authority: European Commission