CBAM: Benchmarks delayed amid rule finalisation

The European Commission has confirmed that although the bulk of the implementing rules for the EU’s Carbon Border Adjustment Mechanism (CBAM) will be adopted before the end of 2025, the finalised benchmarks — which determine how many free ETS allowances are deducted...

Europe and India align carbon markets under CBAM

The European Union announced it will integrate India’s Carbon Credit Trading Scheme (CCTS) into its Carbon Border Adjustment Mechanism (CBAM). This means any carbon price paid under India’s domestic market will be deducted from CBAM charges, reducing the risk of...