The European Parliament has approved simplified CBAM rules with a new import threshold
The European Parliament has announced that it has voted to approve reforms to the Carbon Emissions Regulation Mechanism (CBAM), which introduce a simplified structure designed to make compliance easier for small importers.
It was emphasized that the reform helps to support competitiveness by ensuring a fair transition for EU industries and supporting the goals of climate neutrality for 2050.
The central change is the introduction of a minimum mass threshold. Imports of up to 50 tons per importer per year are now exempt from CBAM obligations. 90 percent of importers qualify for this exemption, especially small and medium-sized enterprises and individual importers operating with small volumes.
It is important to note that the reform preserves the integrity of the climate. 99% of the emissions from imports of iron, steel, aluminum, cement and fertilizers will still be covered by CBAM.
For importers still subject to CBAM, the legislation provides for simplifications in several areas:
The authorization process has been simplified to facilitate accessThe calculation of emissions has been clarified and standardizedProcedures for verifying reporting obligations have been simplifiedThe financial responsibility of CBAM applicants is becoming clearerThese measures are aimed at reducing the administrative burden and solving problems faced by enterprises, while maintaining the effectiveness of the mechanism.
The revised CBAM also includes stricter anti-abuse measures aimed at preventing circumvention of the rules. This ensures that the new threshold cannot be used to evade compliance.
Steelorbis.com