CBAM: publication of the first certificate price – what are the concrete implications for importers?
The European Commission published, on 7 April 2026, the first reference price for CBAM certificates applicable to the first quarter of 2026, set at €75.36/tCO₂. This publication marks a key milestone in the gradual implementation of the mechanism, by finally providing an official price signal. It enables operators to anticipate their carbon exposure and adjust their import strategies accordingly.