The Confederation of Swedish Enterprise believes that the Carbon Border Adjustment Mechanism (CBAM) can prove an effective tool in ensuring a level playing field, fighting carbon leakage and helping European industry in continuing its efforts to decarbonise. With only a few months until the CBAM enters into force, businesses are facing difficulties and uncertainties over how to approach implementation. Although the transition period - which starts in October - is a learning phase with no financial implications, companies will still be required to meet a series of highly complex obligations in a very short time period.