As the price of allowances is expected to rise in the coming years, EU declarants will have to reduce their suppliers' emissions, otherwise their expenses will increase dramatically.
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Starting in 2026, any EU declarant failing to comply with the CBAM regulations will incur a penalty ranging from €10 to €50 per ton of unreported emissions.
Due to the phase-in of CBAM and the projected doubling of carbon allowance prices over the next decade, effectively managing your suppliers' emissions will become increasingly crucial.
Decarbonizing proactively provides a competitive edge. Purchasing offset allowances in advance helps reduce costs and demonstrates commitment to sustainability.