SMEs’ Struggle with Green Transition: Navigating Compliance and Sustainability in the Era of CBAM
The European Union’s Carbon Border Adjustment Mechanism (CBAM) is a groundbreaking initiative aimed at curbing global carbon emissions by taxing the carbon content of imported goods. As its first carbon border tax, CBAM is designed to prevent “carbon leakage” where companies might relocate production to countries with laxer emissions standards. ESG isn’t just about compliance. […]