How does CBAM (Carbon Border Adjustment Mechanism) affect importers in the EU?

Kurzantwort

CBAM (EU Reg. 2023/956) applies a carbon price to imports of cement, iron/steel, aluminium, fertilisers, electricity and hydrogen from non-EU countries. From 2026 (full implementation), importers must purchase CBAM certificates. During the transitional phase (2023–2025), only reporting was required. Companies must register in the CBAM registry.