Carbon Border Adjustment Mechanism

URI: https://gptkb.org/entity/Carbon_Border_Adjustment_Mechanism
GPTKB entity
Statements (30)
Predicate Object
gptkbp:instanceOf European Union law
carbon pricing mechanism
gptkbp:abbreviation gptkb:CBAM
gptkbp:adoptedBy 2023
gptkbp:aimsTo reduce greenhouse gas emissions
prevent carbon leakage
gptkbp:appliesTo imports into the European Union
non-EU producers
gptkbp:category gptkb:environmental_policy
gptkb:treaty
gptkbp:enteredIntoForce October 1, 2023
gptkbp:excludes countries with equivalent carbon pricing
gptkbp:fullImplementation 2026
gptkbp:goal support EU Green Deal
level the playing field for EU and non-EU producers
gptkbp:hasSection gptkb:cement
electricity
hydrogen
aluminum
fertilizers
iron and steel
https://www.w3.org/2000/01/rdf-schema#label Carbon Border Adjustment Mechanism
gptkbp:implementedIn gptkb:European_Union
gptkbp:legalBasis gptkb:Regulation_(EU)_2023/956
gptkbp:monitors gptkb:European_Parliament
gptkbp:phasedInPeriod 2023-2026
gptkbp:relatedTo gptkb:EU_Emissions_Trading_System
gptkbp:requires importers to purchase CBAM certificates
gptkbp:bfsParent gptkb:European_Green_Deal
gptkbp:bfsLayer 6