Support for Companies on CBAM (Carbon Border Adjustment Mechanism)

Support for Companies with CBAM: We Are Here to Help with New Reporting Requirements!

At Climeteo, we provide support to companies seeking to comply with the new reporting requirements under the Carbon Border Adjustment Mechanism (CBAM).

Support for Companies on CBAM (Carbon Border Adjustment Mechanism)

The Carbon Border Adjustment Mechanism (CBAM), which was implemented in line with the European Union's carbon emission reduction goals, imposes new reporting and compliance obligations on importing companies. Specifically, it requires companies operating in carbon-intensive sectors to transparently report their carbon footprint and calculate their carbon costs.

At Climeteo, we offer expert solutions to help companies overcome the challenges they face in this process, including the collection and analysis of data in compliance with reporting standards. In addition to supporting companies with CBAM reporting, we provide consultancy services to help optimize carbon costs and ensure operations comply with border carbon regulations.

With our expertise in sustainability and carbon management, Climeteo is here to assist companies at every stage of complying with the new obligations under the Carbon Border Adjustment Mechanism (CBAM).

Frequently Asked Questions FAQ

What is Turkey's Status in Terms of Climate Change?
Turkey has made significant strides in the fight against climate change in recent years. By ratifying the Paris Agreement in 2021, it announced a target of achieving net-zero emissions by 2053. The Nationally Determined Contribution (NDC) has been updated, renewable energy investments have increased, and the Green Deal Action Plan has been implemented. However, challenges such as dependence on fossil fuels, industrial emissions, and deforestation persist. With steps like carbon pricing mechanisms and incentives for sustainable production, Turkey aims to accelerate its transition to a low-carbon economy.
What is the European Green Deal (EU Green Deal)?
Climate change is a global threat, and countries are starting to implement their action plans by setting climate goals. In this regard, Europe has published the European Green Deal (EU Green Deal),which outlines its climate targets. In the deal released in 2019, Europe stated that it aims to become the first carbon-neutral continent by 2050. The deal emphasizes that Europe will develop a growth strategy to transform its industries and economy to achieve this goal. It also highlights that key sectors such as energy, transportation, agriculture, construction, and finance will be reshaped within the framework of climate goals.
What is the Importance of the European Green Deal for Turkey?
The European Green Deal is of critical importance for Turkey. As Turkey is a Customs Union partner with the EU, its commercial activities are highly dynamic. According to the Ministry of Trade's 2021 data, the European Union holds a 41% share of Turkey's $93 billion export, making it the largest partner in Turkey's total exports. Therefore, due to both the intensity of trade relations and the sustainable development goals, Turkey will also be part of the European Green Deal.
What is the Carbon Border Adjustment Mechanism (CBAM)?
The Carbon Border Adjustment Mechanism (CBAM) is a new carbon tax system by the European Union that will come into full effect in 2026. CBAM imposes additional costs on products with high carbon emissions, such as cement, steel, aluminum, fertilizers, hydrogen, and electricity, that are exported to the EU. The aim is to prevent carbon leakage and promote low-carbon production on a global scale. For countries like Turkey, which engage in intensive trade with the EU, the process of aligning with carbon emission reduction is of great significance.