II Institutional Intelligence
UOB Research · 05/24/2020

UOB Group Research

Official source ↗
The report
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AI analysis
AI-generated from the report above · not a translation and not the institution's wording · verify against the official source
Key arguments
  • CBAM levels the playing field by pricing carbon emissions on imports, but it creates compliance burdens for exporters in countries like Malaysia.
  • Malaysian exporters face potential loss of business if they cannot provide accurate emissions data required by EU importers.
  • The transition phase (2023-2026) allows time for companies to adapt, but from 2026 full compliance is mandatory.
  • Increased transparency in supply chains could drive innovation and reduce emissions, but also incurs additional costs.
Risks
  • Loss of market share in the EU if exporters fail to comply with CBAM reporting requirements.
  • Potential higher costs for raw materials if EU importers pass through CBAM costs.
  • Complexities in measuring and reporting embedded emissions, especially for scope 2 (indirect) emissions.
  • Uncertainty due to ongoing review of product scope, which could expand by 2030.