emendrix

Art. 21

Carbon Border Adjustment Mechanism · 32023R0956 · every event for this act · on EUR-Lex

Price of CBAM certificates

1 change recorded across 1 event, newest first.

in force 2025-10-20 MODIFIED+522 −29

Amended by Regulation (EU) 2025/2083 32025R2083

applies from: unchanged

The reference for the procedures used to calculate the average price of EU ETS allowances is changed from Regulation (EU) No 1031/2010 to Delegated Regulation (EU) 2023/2830.

A new paragraph 1a is added setting out a derogation whereby, for embedded emissions declared for 2026 under Article 6(2), point (b), the Commission calculates the price of CBAM certificates as a quarterly average of closing prices on the auction platform for the quarter of importation, rather than the calendar-week average used under paragraph 1.

Paragraph 3 is updated to reference the methodology in both paragraphs 1 and 1a, and drops the word "average" before "price of CBAM certificates" when describing the implementing acts' scope.

Cited: Art. 21, v2 · Art. 21, v1

text before / after

32023R095602023R0956-20251020

Article 21 Price of CBAM certificates 1. The Commission shall calculate the price of CBAM certificates as the average of the closing prices of EU ETS allowances on the auction platform, in accordance with the procedures laid down in Delegated Regulation (EU) No 1031/2010, 2023/2830, for each calendar week. For those calendar weeks in which no auctions are scheduled on the auction platform, the price of CBAM certificates shall be the average of the closing prices of EU ETS allowances of the last week in which auctions on the auction platform took place. 1a. By way of derogation from paragraph 1, the Commission shall calculate the price of CBAM certificates that corresponds to the embedded emissions declared in respect of the year 2026 in accordance with Article 6(2), point (b), as the quarterly average of the closing prices of EU ETS allowances on the auction platform, in accordance with the procedures laid down in Delegated Regulation (EU) 2023/2830, of the quarter of importation of the goods in which those emissions are embedded. 2. The Commission shall publish the average price, as referred to in the second subparagraph of paragraph 1, on its website or in any other appropriate manner on the first working day of the following calendar week. That price shall apply from the first working day following that of its publication to the first working day of the following calendar week. 3. The Commission is empowered to adopt implementing acts on the application of the methodology provided for in paragraph paragraphs 1 and 1a of this Article to calculate the average price of CBAM certificates and the practical arrangements for the publication of that price. Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 29(2).