S H E A R M A N & S T E R L I N G L L P | 4 5
INSIGHTS
On July 14, 2021, the European Commission
published its proposal for a Carbon Border
Adjustment Mechanism ("CBAM").
1
To allow
businesses to adjust, the CBAM will be
phased in from 2023 and only become
fully operational in 2026. While the exact
mechanics of the regime remain to be seen,
the July 14 proposal offers some insight into
the expected avenues for appealing CBAM-
related decisions. These provisions are likely
to interest importers navigating their potential
CBAM exposure.
Continued overleaf
Dispute Resolution
under the CBAM
BY ALEX BEVAN, JENNIFER YOUNAN, ELISE EDSON AND CHLOÉ VIALARD
