CBAM
Also called: Carbon Border Adjustment Mechanism · SKDM
An EU mechanism putting a carbon price on imports of iron and steel, aluminium, cement, fertilisers, hydrogen and electricity, mirroring the EU emissions trading system. After a reporting-only transitional period ending in 2025, the definitive period started on 1 January 2026, when imports above the threshold require authorised declarant status; certificate purchases for 2026 emissions follow from 2027.
In practice
Importers of covered goods need emissions data from non-EU producers, and suppliers in Türkiye and elsewhere must prepare that data to stay competitive.
Applies to: 
EU
Related terms
- Customs declaration
- The act by which a person indicates, in the prescribed form, the customs procedure to be applied to goods and provides the data needed to apply it,…
- TARIC
- The integrated tariff database of the European Union, managed by the Commission's DG TAXUD. It extends the CN code to ten digits and attaches all EU…
- EU customs reform
- A package proposed by the Commission in 2023 to overhaul the Union Customs Code, creating an EU Customs Authority and an EU Customs Data Hub that…