CSRD Aims to ensure that companies report reliable and comparable sustainability information that investors and other stakeholders need.
CBAM is Designed in compliance with World Trade Organization (WTO) rules and other international obligations of the EU, the CBAM system will work as follows: EU importers will buy carbon certificates corresponding to the carbon price that would have been paid, had the goods been produced under the EU's carbon pricing rules. Conversely, once a non-EU producer can show that they have already paid a price for the carbon used in the production of the imported goods in a third country, the corresponding cost can be fully deducted for the EU importer. The CBAM will help reduce the risk of carbon leakage by encouraging producers in non-EU countries to green their production processes.
In a market economy, forestry produces two main types of products (or services), one is a variety of forest products with a price, and the other is a variety of outputs (services) without a price.
