european commission

European Commission proposes lower CBAM charges, raising the stakes for Serbia’s decarbonisation strategy

The European Commission has put forward a proposal to amend the Carbon Border Adjustment Mechanism (CBAM), potentially allowing for reduced carbon border charges on imports from nations that can demonstrate significant progress in decarbonisation efforts. If this reform is approved by the European Parliament and the Council of the European Union, it would implement a performance-based system, thereby lowering CBAM obligations for exporters whose electricity systems or industrial production exhibit lower verified emissions intensity. For Serbia, this proposal presents more…