• circular economy,  compliance e AEO,  energie rinnovabili,  free trade agreement

    EU, critical raw materials and due diligence

      Why you should read about critical raw materials? These substances affect many and different indutries: renewable energies, electric vehicles, smartphones, ICT, fertilizers and other ones… On 18 March 2024 European Council adopted the proposal of the European critical raw material act which covers rare earths and materials with a high risk of risk disruption. It is in line, among others, with the European Green Deal strategy, the European Climate Law, Batteries Regulation and the 2022 Versailles Declaration. Essentially, the three pillars of this act are: a) diversify the critical raw materials supply in the perspective of the Europian autonomy b) promoting the circularity; c) develop reserch and innovation. At…

  • circular economy,  compliance e AEO

    CBAM questions & answers: last updated on 31 January 2024

    On 31 January 2024 EU Commission published the last version of  “ Carbon Border Adjustment Mechanism (CBAM) Questions and Answers” already released on the 23 January. In particular, the new topics are: QUESTION n.11. Does the CBAM apply to packaging? ANSWER: “…The CBAM reporting obligation applies if the CN code of the packaging is given in the customs declaration and is covered by Annex I to the CBAM Regulation…” QUESTION 12: Does the CBAM apply to goods produced in EU outermost regions, such as Mayotte or La Reunion? ANSWER: “….The CBAM Regulation applies only to CBAM goods originating in third countries and imported into the customs territory of the Union.…

  • compliance e AEO,  made in

    CBAM: questions and answers from EU Commission

    EU Commission on 23 January 2024 updated its “ Carbon Border Adjustment Mechanism (CBAM) Questions and Answers” and checks the following points: General topics about the CBAM; Reporting aspects, responsabilities, procedures and general issues related; The transitional registry; Methodology for calculationg embedded emission in CBAM goods (cement,fertilizer, electricity, hydrogen, iron, steel, aluminum/steel) Customs and CBAM. Definitve period. For what is concerning, the customs implications of CBAM, the “ Carbon Border Adjustment Mechanism (CBAM) Questions and Answers” provides with the following answers: QUESTION: Can an importer use different customs representatives for the customs declaration and the CBAM reporting? As regards the reporting requirements applicable during the transitional period, the CBAM Regulation…

  • circular economy,  compliance e AEO,  made in

    Default values, CBAM, AEO and compliance

    The European Commission published the guidelines on “Default values for the transitional period of the CBAM between 1 October 2023 and 31 December 2025.”  By which: Recalls the legal nature of the Carbon Border Adjustment Mechanism (CBAM) which “…is an environmental policy instrument designed to support the EU climate ambitions of achieving a net reduction of greenhouse gas (GHG) emissions of at least 55% by 2030 and of reaching climate neutrality by 2050 at the latest…”; Underlines that the default values are an average of the intensity of the emissions for each categories of commodities covered by the CBAM. Indeed, the guidance provides that “…Default values do play a specific…

  • circular economy,  compliance e AEO,  made in

    CBAM: EU information guide for importer of fertilizers

    The EU Commission published the “CBAM information guide for importer of  fertilizers” where: Explains that “…importer must report quarterly on the quantities of fertilizer goods you import into the EU, and the greenhouse gas emissions released as they were produced (embedded in those goods); Recalls that “…any monetary payments until 2026, from which point the importer or his customs representative will be expected to buy and surrender CBAM certificates corresponding to the quantity of embedded emissions in the goods…”; Provides this checklist: Lists the following key points for the reporting activity: a) The quantity of FERTILIZER in the scope of CBAM being imported to the EU during the previous quarter;…