Photo-illustration: Freepik (frimufilms)

The EU laws that will regulate and define the activities of the Carbon Border Adjustment Mechanism (CBAM) verification and the requirements for the accreditation of CBAM verifiers are currently being prepared, while its adoption is expected in the last quarter of 2024.

According to Dušan Stokić, head of the Centre for the Environment, Technical Regulations, Quality and Social Responsibility, during this transition period and the application of the CBAM regulation, the verification of the report on specific built-in emissions is not mandatory, but it can be used as a possible additional form of guaranteeing the reliability and validity of the calculated built-in emissions, the website of the Chamber of Commerce and Industry of Serbia says.

“However, as of January 1, 2026, when the implementation of CBAM regulation officially begins, the verification of the CBAM report becomes mandatory for all exporters of goods subject to these regulations. Hence, it is very important that everyone is familiar with the requirements for the accreditation of CBAM verifiers who will perform this responsible function, as well as with the relevant register of accredited verifiers, which is expected to be publicly available,” Mr Stokić adds.


The Regulation will include two implementing acts, in accordance with Articles 8 and 18 of the CBAM Regulation, that cover the principles of verification and harmonization of the scope of verification between the EU ETS and CBAM, and, secondly, a delegated act in accordance with Article 18 of the CBAM Regulation that will specify the conditions for accreditation of the verifier.

To remind, the European Parliament and the Council of the European Union signed the CBAM Regulation (EU) on May 10th, 2023, and the transition period entered into force on October 1. The first quarterly reports should be submitted by January 31 of this year. Detailed information on reporting methods and rules during the transition period is provided in the Implementing Regulation (EU). There are also additional instructions, such as those for importers of goods covered by CBAM, as well as those for manufacturers from third countries.

Initially, the CBAM will apply to the import of certain goods whose production contributes to the highest carbon emissions. These are the following sectors: cement, iron, steel, aluminium, fertilizer, electricity and hydrogen.

The introduction of this Mechanism aims to protect the European Union market from the import of products with a high carbon footprint, while at the same time, encouraging companies in countries outside the Union to emit carbon emissions in a controlled manner.

Energy Portal