EU CBAM, ETS & Social Climate Fund

The European Parliament adopted the regulations on the Carbon Border Adjustment Mechanism (CBAM), Emissions Trading System (ETS) & Social Climate Fund on April 18th, 2023


In order to achieve the climate targets at the European Parliament General Assembly session held in Strasbourg;

· Emissions Trading System (ETS) revision,

The Carbon Border Adjustment Mechanism (CBAM) to implement a carbon tax at the border; and

· Approved laws involving the establishment of the Social Climate Fund.

You can access the TKSD Info Note on this subject here