EU CBAM Reforms Near Final Approval at September Council Meeting

At a Glance:

• EU CBAM Reforms Near Final Approval at September Council Meeting
• EU and India Outline Opportunity to Cooperate on Carbon Market Development in Joint Communication

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EU CBAM reforms near final approval at September Council meeting

The Council of the European Union will convene on September 29-30 (Monday-Tuesday), 2025, with the adoption of EU CBAM Omnibus reforms scheduled as a key agenda item for Monday's session.

This session marks a crucial milestone: the Council's adoption represents the final legislative step before the reforms can be officially published in the Official Journal of the European Union.

Following publication, the new provisions will enter into force just three days later, making the changes legally binding across all member states.

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EU and India outline opportunity to cooperate on carbon market development in joint communication

The College of Commissioners visited India in February 2025, representing the first such delegation to the Indo-Pacific region. During the visit, both sides agreed to strengthen their Strategic Partnership with a focus on economic cooperation, security collaboration, and addressing global challenges.

On September 17, 2025, a Joint Communication was published outlining a strategic framework for enhanced EU-India cooperation across multiple areas, aiming to deliver benefits for both partners and contribute to regional stability.

The communication also outlined cooperation opportunities related to the development of a domestic carbon market in India in light of CBAM's upcoming definitive phase, stating that:

The EU and India have an opportunity to cooperate on developing a domestic carbon market to cut emissions and generate funds for the clean transition. India's Carbon Credit Trading Scheme is advancing rapidly, and the EU can share lessons from its Emissions Trading Scheme on monitoring, reporting, verification, and sectoral benchmarks. A carbon price effectively paid in India will be deducted under the EU Carbon Border Adjustment Mechanism (CBAM) financial adjustment, which, being based on carbon content, will favour Indian exporters decarbonising their CBAM goods. This mechanism is also being simplified to benefit small businesses.