11 March 2025
The proposed simplification of the EU Carbon Border Adjustment Mechanism
1 min read
On 27 February 2025, the European Commission published its proposal for a regulation simplifying the Carbon Border Adjustment Mechanism (the “Proposal”). The proposed regulation would amend Regulation 2023/956 establishing the CBAM in line with the Commission’s ambitions to reduce regulatory burden on businesses.
On 27 February 2025, the European Commission published its proposal for a regulation simplifying the Carbon Border Adjustment Mechanism (CBAM). Among others, the proposed changes – which now have to be approved by the European Parliament and the Council – would significantly reduce the number of EU entities subject to the CBAM. In this client alert we look at the proposed changes and provide our comments on their key implications and what can be expected next.
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