CBAM
The European Commission will soon publish the first quarterly price of Carbon Border Adjustment Mechanism (CBAM) certificates. This is stated in a press release from the Directorate-General for Taxation and Customs Union (DG TAXUD).
As noted, importers of CBAM goods will have to purchase the relevant certificates from February 2027 to cover their imports for the previous year (2026).
«Unlike in 2027, when the EC will calculate the weekly price, in 2026 the price of CBAM certificates will be calculated as the average quarterly cost of allowances set at EU ETS auctions. This will ensure a fair and transparent carbon price in line with the EU carbon market,» the DG TAXUD statement said.
The quarterly price will be calculated during the first calendar week of the following quarter and published on the first working day of the calendar week following the calculation week. The first publication is expected on April 7.
The publication will take place both on the European Commission’s page dedicated to the cross-border carbon adjustment mechanism and in the CBAM registry.
Subsequent quarterly prices will be published according to the following schedule:
DG TAXUD also reminded that a tender is currently open for the creation of a common central platform that will manage the sale and redemption of CBAM certificates – proposals are accepted until March 20 of this year.
It should be noted that in 2026-2028, prior to the planned expansion of the carbon border adjustment mechanism, there may be a significant risk to steel demand at the lower end of the supply chain, as discussed at a meeting of industry associations in Milan in February.
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