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Activating Sustainability | Ep 42: CBAM (Carbon Border Adjustment Mechanism Regulation)

Inside this podcast

• CBAM’s objectives and origins,





• Which organisations are affected and the impact on global markets,





• Important dates and implementation timelines, and





• Why it is important to get ahead on CBAM now.

The CBAM has been brought in place in order to apply the same carbon price as the ETS to EU imports and therefore level the playing field and ensure that there’s no way to escape the carbon price.

This is really the start of something much bigger and we’re going to be learning a lot of lessons from the EU implementation and that will be taken through into other regions.

Carbon pricing is not going away. It’s going to spread and it is going to spread to more sectors, more emissions, more countries. We’re moving to a world in which all carbon is priced.

Companies that embrace this change and invest in decarbonisation now will maintain or gain access to EU markets as their competitors fall behind and don’t put in that effort. But they’re also going to be really well positioned to excel domestically when their own countries put in place carbon pricing and when other nations that they want to be selling their products into put in place carbon pricing.

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