service sector

CBAM and ESG Compliance Foster New Service Sector in Serbia

The introduction of the Carbon Border Adjustment Mechanism (CBAM) alongside Environmental, Social, and Governance (ESG) frameworks is catalyzing the growth of a new service sector in Serbia. This emerging sector specializes in compliance, verification, and reporting, operating at the intersection of engineering, finance, and regulatory requirements. It provides essential support to companies engaged in international trade. The surge in demand for these services is primarily driven by exporters aiming to retain access to European Union markets. Companies must accurately measure…