CBAM process and requirements
The initial group of affected products includes iron and steel, aluminium, cement, fertilizers, electricity, and hydrogen. The CBAM obligations began with a transition phase in October 2023. In this first phase of CBAM, companies only have to fulfill reporting obligations. The implementation phase starts in January 2026 and will require importers to have 'authorized CBAM declarant' status, calculate their emissions, purchase and surrender CBAM certificates, and report annually.