EU Carbon Border Mechanism Goes Live for Exporters
The EU Carbon Border Adjustment Mechanism has moved to full financial implementation, adding €40-80 per tonne costs for carbon-intensive exporters.
The EU Carbon Border Adjustment Mechanism moved from transitional reporting to full financial implementation, requiring importers of steel, aluminium, cement, and fertilisers to purchase carbon certificates corresponding to EU ETS prices. Additional costs of €40-80 per tonne vary by production carbon intensity. Trading companies must now obtain detailed carbon intensity data from suppliers and verify production process emissions. Early data shows significant readiness variation across exporting countries, with Asian and African suppliers generally behind European peers in establishing emissions monitoring infrastructure.
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