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The Carbon Border Adjustment Mechanism (CBAM) will test whether the EU can address carbon leakage while keeping investment in Europe. As implementation of the CBAM advances, companies face costs and reporting duties under rules that are still taking shape. Preventing carbon leakage matters. However, the CBAM should work in practice before scope extension is considered. Moving too soon could place burdens on companies and disrupt value chains, with consequences for investment and trade. The focus should be on avoiding measures that introduce further uncertainty and extending proposed safeguards in the Temporary Decarbonisation Fund beyond 2027. Learn how to shape the CBAM so it prevents carbon leakage while maintaining competitiveness. 

Ireland will assume the Presidency of the Council of the European Union in the second half of 2026 at a decisive moment for Europe’s competitiveness agenda. With the EU seeking to advance simplification, strengthen the Single Market and shape the next Multiannual Financial Framework, the Presidency will have a critical role to play in turning ambition into action. Its programme spans competitiveness, values and security. However, none of these priorities can succeed without a strong economy that fosters innovation and growth. In this context, AmCham EU’s Recommendations to the Irish Presidency of the Council of the EU sets out concrete actions to advance a competitive and resilient EU economy. These proposals aim to help shape Europe into an attractive place for businesses to invest, operate and grow.

On Tuesday, 23 June, AmCham EU held its Annual General Meeting (AGM), welcoming Pedro Lourtie, Head of Cabinet of the President of the European Council, António Costa. The AGM provided an opportunity to reflect on AmCham EU’s work over the past year and to look ahead to the organisation’s priorities for the months to come, including its continued efforts to support an open and competitive Europe.