Yes the GDPR component integrates the Google Consent Mode (CMP).

It's possible to integrate the Google Consent Mode (CMP)for Google AdSense and Google Analytics consents. Such consents can be granted or denied based on user preferences of the GDPR categories and transferred to the Google Consent Mode platform.

In order to enable the integration with Google Consent Mode, the GDPR component just requires to include the Google Tag Manager script (gtag) and enable the following settings for the 'Statistics' and 'Marketing' categories, then the GDPR component will communicate any consent for ads and analytics to Google.

Keep in mind that any limitation to Google Ads as of January 16, 2024 are related to personalized ads and not to all ads.

If your ads runs correctly with GDPR CMP integration active, you can safely ignore any notification from Google about your site not implementing a CMP, indeed it's limited to the list of those to which a certification applies.