Carbon Border Adjustment Mechanism (CBAM) and the Role of Life Cycle Assessment (LCA)

The European Union's Carbon Border Adjustment Mechanism (CBAM) is a ground-breaking policy tool designed to address carbon leakage and create a level playing field for EU industries subject to the EU Emissions Trading System (ETS). As the CBAM is set to be phased in from 2023, businesses must understand its implications and the vital role that Life Cycle Assessment (LCA) plays in its implementation.

This event provides an in-depth exploration of the CBAM and its relationship to LCA, covering:

1. The fundamentals of the CBAM, including its objectives, scope, and timeline for implementation.
2. The differences and similarities between CBAM and the UK version, UK CBAM.
3. The role of LCA in determining the carbon footprint of imported goods and ensuring fair and accurate carbon pricing under the CBAM.
4. Case studies demonstrating how LCA is being applied to assess the carbon footprint of products subject to the CBAM, such as cement, aluminium, and electricity.
5. Strategies for businesses to prepare for the CBAM and integrate LCA into their compliance and reporting processes.
6. Policy insights and updates on the evolving CBAM landscape and its potential impact on global trade and carbon pricing initiatives.

Why attend:

1. Gain a deep understanding of the CBAM and its implications for your business.
2. Discover best practices for data collection, system boundary definition, and emission allocation in CBAM-related LCAs
3. Hear from experts and case studies on the practical application of LCA in the context of the CBAM.
4. Stay up-to-date on the latest policy developments and their potential impact on your business
5. Network with professionals from various industries, policy experts, and LCA practitioners.

Who should attend:

1. Sustainability and environmental managers
2. Trade compliance professionals
3. Supply chain and procurement managers
4. Policy advisors and government relations professionals
5. LCA practitioners and consultants
6. Researchers and academics interested in carbon pricing and border adjustment mechanisms

Learning outcomes:

By attending this event, you will:

1. Understand the fundamentals of the CBAM and its timeline for implementation.
2. Understand how CBAM and UK CBAM will work together.
3. Gain knowledge of the role of LCA in determining the carbon footprint of imported goods under the CBAM
4. Discover case studies and best practices for applying LCA to assess the carbon footprint of CBAM-subject products.
5. Identify strategies for preparing your business for the CBAM and integrating LCA into your compliance processes.
6. Stay informed about the latest policy developments and their potential impact on global trade and carbon pricing.
   

Please note: This is for organisations based in the Tees Valley area (Middlesbrough, Hartlepool, Darlington, Redcar and Cleveland, Stockton-on-Tees). This event is funded by the Tees Valley Combined Authority (TVCA) Net Zero programme, funded by the UK Shared Prosperity Fund (UKSPF).