Understanding SEFA: The Key to CBAM ComplianceÂ
The Carbon Border Adjustment Mechanism (CBAM) has transformed from a mere reporting requirement into a major financial obligation. SEFA now plays a crucial role in determining the costs that exporters must cover under this mechanism. What is SEFA — Specific Embedded Free Allocation? It refers to the EU ETS free allowances that EU producers receive for similar products. This deduction […]