French authorities have announced a conditional extension of the use of default CO2 emission values for importers under the Carbon Border Adjustment Mechanism (CBAM). Default values were originally allowed until the third quarter but have been extended till the end of the year if importers fail to receive actual emission values from suppliers after considerable efforts.
This decision helps French importers who may face challenges in obtaining actual emissions data from non-EU suppliers. However, importers are encouraged to move towards real data reporting as it becomes mandatory for future compliance.
At CBAM Reports, we are here to assist your business with transitioning to accurate emissions reporting and ensuring full compliance with evolving CBAM regulations.
Reach out to us for expert support.
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