Export Edge | Corporate Training Courses and Short Courses in Ireland

 Overview:

CBAM (Carbon Border Adjustment Mechanisms) developments in the European Union is a law where regulatory requirements currently affect over 250 Irish companies. Furthermore, this regulation aims to reduce carbon emissions and reach a point of climate neutrality by 2050. Subsequently, to achieve this, taxes will be imposed on companies and industries based on the carbon emissions of the imports. Specifically, the high risk of carbon leakage, covering a large share of greenhouse gas emissions from EU ETS (Emissions Trading System) sectors, and the practical feasibility. From October 2023 through December 2025, the European Union will remain in a transitional period for CBAM, which allows for a gradual implementation. After this period, there will be the official phase-in of CBAM and phase-out of ETS. With CBAM, there will be expectations and law requirements by the EU for proper reporting of all items under CBAM.

CBAM Corporate Application:

For companies in the European Union, there are challenges with incorporating CBAM rules, be it with methodology, supply chain competitiveness, data management, or data privacy. Because of this, misunderstandings may arise among companies about CBAM. CBAM is designed to be a fair system, and during this transitional period, there is time to learn and collect data about the system. The system will begin to be less complex and daunting. As of now, most CBAM data is done through spreadsheets.

How we can help:

At Export Edge, we can help you through the transitional period of CBAM with calculations and quarterly submissions, as well as analysing reports and auditing. For instance, our CBAM course has the following objectives:

  • Provide participants with a comprehensive understanding of the EU Carbon Border Adjustment Mechanism (CBAM), including its purpose, scope, and operational framework.
  • Equip professionals with the knowledge and skills to calculate carbon emissions associated with imported goods, and understand the implications of CBAM regulations on various industries.
  • Guide participants through the process of applying for CBAM certificates and setting up CBAM-compliant procedures within their organisations.
  • Familiarise stakeholders with the timeline and implementation requirements of CBAM, including reporting obligations and compliance measures.
  • Enable participants to anticipate and adapt to future developments and expansions of CBAM, which will ensure ongoing compliance with evolving EU emissions regulations.
  • Empower individuals and organisations to navigate the complexities of international trade within the context of carbon pricing mechanisms and environmental sustainability goals set forth by the EU Green Deal.

Through engagement with our CBAM course, you will be able to guide your company under the proper EU regulatory framework, which will allow for a healthy and successful trajectory.

For the course details, please see our CBAM page: CBAM Course Information

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