CBAM & Practical Implementation in Companies

The video lectures are recorded lectures given during a live online training session on 6 October 2023. The slides are available in the resources. They were supplemented with further information after the training, taking into account questions asked by participants during the training (e.g. more details on reporting obligations for both the installation operator and the CBAM declarant have been included).

Certificate "CBAM - The EU Carbon Border Adjustment Mechanism - Implementation In Companies" - Level 1 - Awareness - the certificate will be issued to those who take the training and successfully complete a quiz.

General

The Carbon Border Adjustment Mechanism (CBAM) is a climate measure that aims to prevent the risk of carbon leakage and support the EU’s increased climate mitigation ambitions. It entered into operation on 1^st October 2023. It will initially apply to imports of certain goods and selected precursors whose production is carbon intensive and at most significant risk of carbon leakage: cement, iron and steel, aluminium, fertilisers, electricity and hydrogen. It affects EU and non-EU companies in these industries, as well as exporting and importing companies and EU customs representatives alike.

The training is designed for everyone involved in moving carbon-intensive products around the globe with touchpoints in the European Union.

It is designed to help you deal with all activities required to implement the CBAM. We will teach you how the new EU law works, the timeline, how to calculate the carbon price and how to set up CBAM-compliant processes and procedures.  

Content

The topics covered in this hands-on training:

• Introduction 
• The law, guides and tools 
• In 7 steps to CBAM (high level overview) 
• Key definitions 
• Parties involved 
• What EU importer & third country operator need to do 
• Calculating direct and indirect emissions 
• EU importer: How to report

Participants are invited to complete a quiz after the training (available in the recorded lectures); if you pass with a rate of 60%, you will receive a certificate of completion. If you would like to receive a certificate "CBAM - The EU Carbon Border Adjustment Mechanism - Implementation In Companies" - Level 1 - Awareness, which ascertains that you have received formal training, please contact us at info@customsclear.net.

Time 

Please plan around 4 hours to complete the training.

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"Unpacking" and "contextualising" - that was what I needed. Just reading the legislation doesn't get you anywhere. You need to know what to focus on, how to backtrack, how to understand. This need was very well addressed during the training. 

Maike Waldmann, Sr. Specialist Trade Compliance EU at MARS