First CBAM certificate price is now available

For 2026, CBAM certificate prices will be determined on a quarterly basis. Therefore, there will be four prices in 2026 (one per quarter). Each price will only apply to emissions in CBAM goods imported into the Union during the quarter it relates to. Each quarterly price will be calculated by the Commission as the average of EU Emissions Trading System (EU ETS) auction clearing prices, ensuring a fair and consistent alignment with the EU carbon market.

Although authorised CBAM declarants will only begin purchasing CBAM certificates from February 2027 (covering their 2026 imports) the Commission starts calculating and publishing the four quarterly prices already in 2026. This early publication aims to enhance transparency, provide stakeholders with timely information, and reduce the risk of inconsistent or unofficial price estimates circulating in the market.

By making these prices available in advance, the Commission establishes a clear and reliable reference point for all stakeholders, helping them plan ahead. A full overview of all 2026 price publication dates is available at this link.

From 2027 onwards, the Commission will calculate and publish the price of CBAM certificates on a weekly basis.