EU Proposes Further Adjustments for CBAM (Again)
The Commission has announced the outcomes of its review and proposed further changes to the Carbon Border Adjustment Mechanism (CBAM) before it becomes fully implementable on 1 January. The key updates and simplifications on its calculation will shape the compliance…
US Ambassador denounces EU’s CSDDD in Financial Times op-ed
Following the backlash from businesses on the impact of overly onerous legislation under the European Green Deal, combined with a climate change-skeptical US administration, the EU has found itself under increasing pressure to rollback or suspend certain legislation, one of which under direct target by US companies being the Corporate Sustainability and Due Diligence Directive.
Another one-year postponement for EUDR is under consideration. [Updated]
Citing technical difficulties, the European Commission is considering extending the implementation of EUDR by another year to December 2026.