GHG Emission By Sector in 2016

To achieve carbon neutrality, the Council of the EU reached an agreement on the Carbon Border Adjustment Mechanism (CBAM), which targets carbon-intensive products to prevent offsetting the EU’s greenhouse gas emissions reduction efforts through imports of products manufactured in non-EU countries.

The core element of the CBAM is the obligation to pay for the GHG emissions embedded in certain carbon-intensive products imported into the EU through the purchase of CBAM certificates. It will target products from the following sectors: cement, aluminium, fertilizers, electric energy production, iron, and steel.