The Carbon Border Adjustment Mechanism (CBAM) initiated by the European Union is a designed to address carbon leakage by levying charges on the carbon content of imported goods, ensuring fair competition and incentivising emission reductions. Accounting professionals should understand the CBAM to help businesses navigate the financial implications of carbon pricing, ensure compliance with new regulations, and strategically manage costs and reporting in a changing global market influenced by climate policies. Join us in this insightful session exploring the CBAM and how it might impact strategic and operational decision-making for businesses.

The webinar will cover the following:

  • Background for the introduction of CBAM
  • Potential CBAM impact and observations on businesses
  • What are the actions businesses should consider for the way forward