On Wednesday 21 May, the Member States’ ambassadors to the EU gave the green light to the ‘omnibus’ regulation amending the Carbon Border Adjustment Mechanism (CBAM) (see EUROPE B13588A4). The European Affairs Ministers are due to formally adopt this negotiating position at the General Affairs Council on 27 May.
In recent weeks, the Member States have made a number of comments which have been taken into account in the final compromise. These are minor technical changes.
The Council...