EU carbon border tax to target imports from 2026 The EU expects the carbon border tax will bring in nearly €10bn a year (Photo: European Commission) Brussels, Today, 07:21 The European Commission has presented the world's first-ever import levy on certain goods produced in third countries with lower environmental standards - part of the effort to reduce emissions under its massive 'Fit-for-55' package. The levy - officially known as the Carbon Border Adjustment Mechanism (CBAM) - aims to accelerate global climate action and, at the same time, prevent businesses from transferring production to non-EU countries with less strict climate rules - dubbed 'carbon leakage'.