FACILITATING THE IMPLEMENTATION OF EU’S CBAM IN NORTH MACEDONIA

On December 18, 2023, USAID Partnerships for Economic Growth Activity (P4EG) organized the event EU Carbon Border Adjustment Mechanism (CBAM):  Reporting Requirements for the Iron and Steel Industry.  The event was designed and delivered in cooperation with the Center for Development Policies (IDEAS DePo) and the Economic Chamber of North Macedonia.

The main objective of the event was to help iron and steel companies better understand the requirements set by the European Union for exporters from third countries related to measuring, verifying and reporting the CO2 emissions embedded in their products and facilitate the collection of data and drafting of first CBAM reports due for submission on January 31, 2024.

Key presenter at the event was Mr. Denis Ivanov, an accredited Lead Verifier for GHG (Green House Gas) emissions with a strong expertise on the EU ETS (Emissions Trading System). During the program, Mr. Ivanov provided guidance to companies on developing sound systems for monitoring CO2 emissions and establishing clear links between the monitoring process and CBAM requirements. He also elaborated key terminology, particularly related to simple/complex/aggregated products and production processes in context of the iron and steel sector.