CBAM certificate price 2026: the official quarterly prices and how to use them
There is no single 2026 CBAM certificate price. The Commission publishes one per quarter, and each applies to goods imported in that quarter.
- Published: Q1 €75.36 (7 Apr 2026), Q2 €75.28 (6 Jul), Q3 €82.32 (5 Oct); Q4 due 4 Jan 2027.
- Price = weighted average of EU ETS auction clearing prices for the quarter (Implementing Regulation (EU) 2025/2548).
- Certificates for 2026 imports are bought on the central platform from February 2027 and surrendered by 30 September 2027.
- From 2027 the price is published weekly.
1. Published prices
| Quarter of application | Published | Price (€/tCO₂) |
|---|---|---|
| Q1 2026 | 7 Apr 2026 | 75.36 |
| Q2 2026 | 6 Jul 2026 | 75.28 |
| Q3 2026 | 5 Oct 2026 | 82.32 |
| Q4 2026 | 4 Jan 2027 (scheduled) | not yet published |
Source: Commission page "Price of CBAM certificates", re-checked 10 Nov 2026. The Irish EPA lists the same prices.
2. Which goods each price applies to
Each 2026 quarterly price applies to certificates for goods imported into the EU in that quarter – not the invoice date, and not the day the declarant buys certificates in 2027.
One tonne of China-origin 7318 15 82 on default values (5.6826 certificates per tonne):
| Import quarter | Price | Cost per tonne |
|---|---|---|
| Q1 | €75.36 | €428.24 |
| Q2 | €75.28 | €427.79 |
| Q3 | €82.32 | €467.79 |
Q3 is about 9% above H1. Using Q3 for the whole year overstates H1 imports; weight by quarterly volume instead. The calculator lets you change the price and run each quarter.
3. How the price is set
Under Implementing Regulation (EU) 2025/2548, each 2026 quarterly price is the weighted average of auction clearing prices of EU ETS allowances in that quarter, calculated in the first calendar week after the quarter ends. From 2027 prices are weekly.
4. Who pays, and when
- 2026: goods are imported; the liability accrues.
- From February 2027: authorised CBAM declarants buy certificates on the common central platform.
- By 30 September 2027: the 2026 annual declaration is submitted and certificates surrendered.
The EU importer buys the certificates, but the cost ends up in price negotiations with the supplier.
5. Carbon price paid at origin
The formula ends with "minus carbon price effectively paid in the country of origin". Only an amount actually paid and evidenced can be deducted; our examples use zero.
Official sources
- European Commission – Price of CBAM certificates
- Implementing Regulation (EU) 2025/2548 (certificate price methodology)
- Environmental Protection Agency (Ireland) – CBAM certificates
- European Commission – CBAM definitive regime
- European Commission – CBAM default values, v2 Excel (6 Aug 2026, correcting Implementing Regulation (EU) 2025/2621 via 2026/1740)
- European Commission – CBAM benchmarks Excel (Implementing Regulation (EU) 2025/2620, Annex point 5)
Related guides
- CBAM default values for CN 7318 fasteners from China, and the 2026 cost per tonne
- CBAM actual emissions vs default values for fasteners
- CBAM for steel structures (CN 7308): how the cost is calculated
- CBAM 7326: China default values and cost per tonne
- CBAM free allocation adjustment: benchmarks, CBAM factor and CSCF
- CBAM 50-tonne threshold and the 2027 timeline