The European Union’s Carbon Border Adjustment Mechanism (CBAM) is a proposed policy intended to address the issue of carbon leakage and ensure that the EU’s ambitious climate goals are not undermined by imports of goods with a high carbon footprint. The CBAM aims to reduce carbon emissions and protect European industries by imposing tariffs on certain imported products based on their carbon content.
In the case of Turkey, which has a significant trade relationship with the EU, the CBAM could have substantial effects. Turkey is not part of the EU, but it has a customs union with the EU, which means it’s deeply integrated into the European market. Turkish exporters may face challenges in adapting to the CBAM requirements and ensuring the carbon efficiency of their products.
Non-EU countries and Turkey will need to closely monitor and adapt to the evolving landscape of EU climate policies and trade regulations so Gozlem Environmental and sustainability Consultancy can help you according to your needs.
The services of our firm in Turkey are:
Reporting and Verification: Exporters from non-EU countries may need to provide detailed data and information about the carbon footprint of their products. Verification and certification processes may be required to ensure the accuracy of the provided information.
Documentation and Compliance: Turkish and Non-EU exporters could be obligated to maintain detailed records and documentation related to the carbon content of their products and their compliance with CBAM requirements.
Carbon Border Adjustment Mechanism consultancy in ISTANBUL AND TURKEY
Please do not hesitate to call +902128816300 or send mail bilgi @ gozlemcevreisg com tr if you have any questions.