CBAM Archives | SerbianSteel

Steel Fabrication, the EU, and CBAM: Serbia as a Nearshoring Supply and Export Hub

The European Union’s commitment to reducing carbon emissions has led to the introduction of the Carbon Border Adjustment Mechanism (CBAM), fundamentally altering the landscape for high-carbon industries such as steel fabrication. With its stringent measures aimed at leveling the playing field between EU producers and their global competitors, CBAM places a price on carbon emissions […]

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Serbia’s Path to Decarbonization: Navigating Carbon Offset, Emissions Trading, and CBAM

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As Serbia aligns itself with global environmental standards and prepares for potential European Union membership, its approach to carbon offset, emissions trading, and the Carbon Border Adjustment Mechanism (CBAM) is increasingly crucial, particularly in its heavy industry sector. Serbia’s Carbon Offset Initiatives 1. Local Projects: Serbia is actively exploring carbon offset projects, including reforestation and

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The EU Carbon Border Adjustment Mechanism (CBAM), Carbon Offsets, and the Potential for Serbia as a Nearshoring Hub for Energy-Intensive Industries

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As the European Union (EU) strives to transition to a greener economy, it is critical to address carbon leakage while ensuring a level playing field for energy-intensive industries. The introduction of the EU Carbon Border Adjustment Mechanism (CBAM) aims to achieve these objectives. Clarion.energy explores the implications of the CBAM, the role of carbon offsets,

The EU Carbon Border Adjustment Mechanism (CBAM), Carbon Offsets, and the Potential for Serbia as a Nearshoring Hub for Energy-Intensive Industries Read More »

CBAM and Its Impact on Serbia’s Exports to Europe: Challenges and Opportunities

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The European Union’s Carbon Border Adjustment Mechanism (CBAM) represents a significant shift in the global trade landscape, particularly for countries like Serbia that have strong economic ties with the EU. This article delves into how CBAM affects Serbia’s exports to Europe, exploring both the challenges and opportunities it presents. **1. Understanding CBAM** CBAM is a

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Enabling Sustainability: Guarantees of Origin, Carbon Trading, CO2 Tax, and CBAM in Serbia

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As the world grapples with the urgent need to combat climate change and transition to a low-carbon economy, countries are implementing various mechanisms to incentivize sustainable practices and reduce carbon emissions. In Serbia, significant steps have been taken to promote renewable energy and carbon abatement. This article aims to discuss the concepts of Guarantees of

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