EU CBAM: French Tolerance with Default Co2 Values

France announced temporary measures for CBAM default values in Q3 and Q4 2024.

What Questions We Will Answer in This Blog

• How does France’s tolerance for default values affect importers under CBAM regulations?

• What are the conditions for using default values during the transitional period?

• What should importers anticipate regarding compliance and potential sanctions?

  
  

Introduction

With the end of 2024 approaching, importers need the latest updates on the Carbon Border Adjustment Mechanism (CBAM) from the French Directorate General for Energy and Climate (DGEC). The DGEC has introduced a temporary tolerance for using default values in CBAM reporting. This blog will explore the details of this tolerance and how it impacts your compliance strategy.

“Navigating the evolving CBAM regulations requires adaptability and meticulous attention to detail. Prepare now to stay ahead and avoid future compliance issues.” — Arne Mielken, Managing Director of Customs Manager Ltd

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