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10 Jul 2024 / 9:00 am - 10:45 am

Mastering CBAM Compliance: “Navigating regulations and preparing for success” Breakfast Roundtable Event

The Lake House,
Crosby Coastal Park, Cambridge Road
L22 1RR (see map)

Free

We are delighted to host this event to clarify the UK Carbon Border Adjustment Mechanism, set to be implemented on imports of certain carbon intensive goods in 1 January 2027.

Do you import into the UK?

Goods imported into the UK from countries with lower carbon price will have to pay a levy. Your customers might face higher costs and reporting challenges.

Learn how is calculated and declared. There is no transition period, it becomes fully operational on 1 January 2027.

Do you export to the EU?
If the goods you export to the EU fall under the scope of CBAM, your customers will be expecting this emissions data from you, and complying with reporting standards will require a comprehensive understanding of emissions produced in your supply chain and in your own production processes.

The transitional phase is now in operation but it will be fully operational by January 2026.

Goods affected by reporting requirements: The CBAM regulation covers basic materials, semi-finished and a limited number of finished goods, categorised under iron and steel, cement, fertilisers aluminium, electricity and hydrogen. Even if the products you export or import do not currently fall under the EU CBAM or proposed UK CBAM, their scope is expected to widen to cover more sectors in the future, so this may be the opportunity to gain a valuable understanding of what to prepare for.

Why is CBAM so crucial? Because of the EU’s ambition to become climate neutral continent by 2050, new obligations are here to stay so you need to take action to be compliant.

Agenda:

  • 9:00 – 9:30 – Registration and breakfast
  • 9:30 – 9:40 – Welcome & introductions by Elena Enciso, Head of International Trade LCC
  • 9:40 – 10:30 – Paul Harper, Auditel, Energy Costs, Procurement and Carbon Solutions
    • An introduction to carbon; its terminology and market forces
    • An overview of the EU’s CBAM regulation; background, scope, terminology and approach
    • What this means to UK exporters, and the opportunities presented
    • A brief look at the proposed UK CBAM for UK importers
  • 10:30 – 10:45 – Q & A

This event is free of charge but places are limited. To book a place email export@liverpoolchamber.org.uk