EU Carbon Border Adjustment Mechanism (CBAM) CBAM-Art.2: Scope of covered goods (Article 2)

Article 2 applies CBAM to goods listed in Annex I originating in a third country, when those goods or the inward-processing products derived from those goods are imported into the customs territory of the Union. The Annex I sectors at the start of the definitive period are cement, iron and steel, aluminium, fertilisers, electricity, and hydrogen. Article 2 contains the de minimis exemption (intrinsic value not exceeding EUR 150 per consignment, raised to a mass-based 50-tonne threshold by the 2025 Omnibus amendment). Goods from countries fully integrated in the EU ETS or with an equivalent carbon-pricing system linked to the EU ETS (currently Iceland, Liechtenstein, Norway, Switzerland) are excluded.