CBAM: Council signs off simplification to the EU carbon leakage instrument | European Council
The Council today adopted a regulation that simplifies and strengthens the EU’s carbon border adjustment mechanism (CBAM), as part of the so-called ‘Omnibus I’ legislative package. The regulation seeks to provide simplification and cost-efficient compliance improvements to the CBAM. The main aim is to reduce the regulatory and administrative burden, as well as compliance costs for EU











