The EU’s revised Climate Law introduces a landmark shift in carbon markets, allowing limited use of international Article 6 credits within its 2040 emissions target. This move signals a transition from voluntary offsetting to regulated demand, reshaping global carbon finance and creating new strategic implications for businesses, governments, and investors worldwide.

In this interview, Jaime Amoedo, Executive Director and Co-founder of The ESG Institute, discusses how CBAM has moved from a reporting exercise to a live compliance and cost obligation. From January 1st, carbon intensity directly affects EU trade, creating financial exposure for importers and data-driven market access risks for exporters.