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

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

The Lake House, Cambridge Rd, Waterloo, Liverpool L22 1RR

Free (Members)

By: Liverpool Chamber of Commerce


We are delighted to host this event to clarify the EU’s Carbon Border Adjustment Mechanism, which came into force in October 2023.

Why is CBAM so crucial?

Because of the EU’s ambition to achieve Net Zero by 2050, and to remove the risk of carbon leakage, new obligations are here to stay so you need to take action to be compliant with your customers’ obligations.

Do you export to the EU?

If the goods you export to the EU fall under the scope of CBAM, your customers will require emissions data from you, and complying with reporting standards will require a comprehensive understanding of specific embedded emissions, both in your supply chain and your own production processes.

Do you import into the UK?

If these imports are used in products being exported to the EU, they may also be in scope for reporting, and once the UK’s own CBAM is implemented by 2027 goods imported into the UK will require emissions to be reported, and if from countries with a lower carbon price will have to pay a levy.

Goods affected by reporting requirements: The EU’s 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.

Agenda:

09:00- 09:30 Registration and breakfast
09:30-09:40 Welcome by Elena Enciso, Head of International Trade LCC & Roundtable introductions
09:40 – 10:15 Paul Harper, Carbon, Energy and Cost Management Consultant at Auditel

  • 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

10:15 Q & A

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