Supply chains are becoming truth chains
AI Summary
The European Union has introduced digital product passports and the Carbon Border Adjustment Mechanism as of January 1, 2026, to regulate imports of carbon-intensive goods and enforce emissions obligations. This advancement represents a key development in global trade transparency and sustainability efforts.
Wolfgang Lehmacher on the advent of digital product passports and what it means for global trade. On January 1 2026, the European Union entered a new phase in trade. The Carbon Border Adjustment Mechanism now requires importers of carbon-intensive goods to meet formal emissions-based obligations. Digital product passports are expanding across product categories, and VAT …