The EU is moving towards a more granular system to track carbon emissions and carbon intensity of imported goods. In the current transitional phase of CBAM (2023-2025) the EU obligates importers to report on additional data so they can establish the estimated direct and indirect emissions.
Thus, importers have an additional reporting obligation. On a quarterly basis reports need to be prepared and submitted in a standardised format. Examples of information that needs to be submitted are quantity and type of goods, country of origin, installation where goods were produced, production routes used etc.
After establishing a reliable tracking mechanism, importers will be obligated to purchase CBAM certificates in 2026. CBAM regulation assigns a carbon price to imported goods which is equivalent to the carbon price of domestic production in the EU. In this way imported goods are not undermining the EU's climate objectives.
At Customs Support we are specialised in helping our clients meet CBAM-regulation. This means we help in preparing CBAM reports and submit the reports to the relevant institutions. Because of our digital connections, we are able to handle large data quantities effectively. This will save you valuable time, capacity and the hassle of doing it yourself. Furthermore, letting an expert submit the reports for you minimises the risk of non-compliance with EU regulation. Because of our CBAM specialisation, we provide guidance and updates on the latest developments.
We are happy to discuss how we can help your business meet CBAM-requirements. Fill in the form below so an expert can review your request and discuss your possibilities.