Western Cape Government Support: Helping Businesses Navigate CBAM Risks and Opportunities

The Western Cape Government explains how it is working to assist businesses in dealing with the risks and prospects associated with the Carbon Border Adjustment Mechanism (CBAM) through various initiatives.

The government aims to serve as a one-stop shop for businesses by disseminating information via their website and social media channels. They are also conducting workshops, webinars, and collaborating with organisations like GreenCape to offer technical guidance and counsel.

Furthermore, they are creating a carbon footprint calculator for the manufacturing sector and investing in the Western Cape Just Energy Transition Investment Plan to unlock financing for eco-friendly projects. Businesses are encouraged to utilise these resources and seize opportunities in the green economy.