Mostafa Sherbiny's post


https://youtu.be/owF8cvUNvCk?si=L2SMwpf5bFifpxwl


For the first time in Egypt, Africa and Arab States, Obtain an accredited certificate with the seal of the Republic's logo in CBAM The certificate can be authenticated granted by the Egyptian Foreign Ministry from the Egyptian General Authority for Standardization and Quality in calculating carbon emissions for products to prepare and Verify CBAM reports which is submitted periodically per 3 months reports to the European Union whtch a mandatory requirement for export For contact and reservation: 01220017222

The training progeram will be conducted by international expert in sustainability and climate risk assessment, Ambassador Mostafa Sherbiny, hwo is granted by the European Commission as European Climate Pact Ambassador in Egypt at February 2022 He is also the head of the initiative in the United Nations: AUDITORS AND EXPERTS INITIATIVE IN SUSTAINABILITY AND CLIMATE RISK ASSESSMENT

How to do a carbon emissions report for carbon-intensive products according to the European Union system Carbon Border Adjustment Mechanism (CBAM). What is CBAM? The EU’s Carbon Border Adjustment Mechanism (CBAM) is the EU’s tool to put a fair price on the carbon emitted during the production of carbon intensive goods that are entering the EU, and to encourage cleaner industrial production in non-EU countries. By confirming that a price has been paid for the embedded carbon emissions generated in the production of certain goods imported into the EU, the CBAM will ensure the carbon price of imports is equivalent to the carbon price of domestic production, and that the EU's climate objectives are not undermined. The CBAM is designed to be compatible with WTO-rules. CBAM will apply in its definitive regime from 2026, while the current transitional phase lasts between 2023 and 2026. This gradual introduction of the CBAM is aligned with the phase-out of the allocation of free allowances under the EU Emissions Trading System (ETS) to support the decarbonisation of EU industry. CBAM transitional phase (2023 – 2026) On 1 October 2023, the CBAM entered into application in its transitional phase, with the first reporting period for importers ending 31 January 2024. The gradual phasing in of CBAM allows for a careful, predictable and proportionate transition for EU and non-EU businesses, as well as for public authorities. During this period, importers of goods in the scope of the new rules will only have to report greenhouse gas emissions (GHG) embedded in their imports (direct and indirect emissions), without the need to buy and surrender certificates. The difference in carbon emissions per ton of carbon compared to goods produced in the European Union at the ETS market price. It is worth knowing that a ton of carbon is currently priced at 85 euros.

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