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Leaked CBAM provisional benchmarks largely in line with market expectations for aluminium and steel
A leaked draft document from the EU Commission seen by Fastmarkets on Monday November 17 outlines provisional benchmark rates that could be coming under the EU’s forthcoming Carbon Border Adjustment Mechanism (CBAM).
November 19, 2025
·
By Laura Roberts
Insights
COP30: Key climate finance and carbon market moves shaping the outlook
Major announcements at COP30 in Belém, Brazil are reshaping expectations for global climate finance, forest protection and international carbon markets, with governments, multilateral lenders and corporates signalling new levels of ambition.
November 14, 2025
·
By Sandy Oliveira
Insights
The future of Europe’s green steel market: challenges and catalysts
The European green steel market, crucial for meeting the EU's climate goals, faces challenges from high input costs, economic pressures, and trade uncertainties, while transitioning to low-carbon production methods like hydrogen-based steelmaking offers a pathway to near-zero emissions.
November 14, 2025
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By Carl Peters, Tristan Robinson, Abhishek Pathak, Paolo Frediani
Insights
China to expand emissions trading, sets 2035 climate target in updated NDC
China will expand its national emissions trading system (ETS) to new sectors and introduce absolute carbon caps under an updated climate plan submitted to the UN Framework Convention on Climate Change (UNFCCC) on Monday November 3.
November 10, 2025
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By Kanchan Yadav
Insights
EU set to keep indirect emissions out of CBAM for metals; adds pre-consumer scrap as separate product
The European Commission has confirmed that indirect emissions will not be included for metals products under the upcoming Carbon Border Adjustment Mechanism (CBAM), while pre-consumer scrap is to become a standalone CBAM product, EU Commission representative Martin Becker said during the European Roundtable on Climate Change and Sustainable Transition (ERCST) webinar on Thursday October 30.
November 7, 2025
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By Laura Roberts
Insights
UNFCC’s Article 6.4 Supervisory Body approves first PACM methodology
The United Nations Framework Convention on Climate Change (UNFCC) has approved its first methodology under Article 6.4, also known as the Paris Agreement Crediting Mechanism (PACM), the UNFCC announced on Thursday October 30.
November 7, 2025
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By Laura Roberts, Sam Carew
Insights
LME outlines plan for ‘sustainable’ base metal premiums: LME Week 2025
The London Metal Exchange (LME) has set out its plan to launch low-carbon base metals price premiums for nickel, aluminium, zinc and copper in a white paper published on Monday October 13.
October 14, 2025
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By Viral Shah
Insights
Navigating the carbon market: an expert discussion with Fastmarkets economists
From voluntary credits to new compliance schemes, businesses face a growing need for clear, reliable information to navigate the carbon market landscape. How can you distinguish high-quality credits from the rest? What impact will new regulations like the EU's Carbon Border Adjustment Mechanism (CBAM) have on your supply chain? This interview has the answers.
September 22, 2025
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By Stuart Evans, Sam Carew
Insights
Demand tailwinds meet supply headwinds: forecasting CORSIA’s impact on carbon credit markets
Airlines under CORSIA face significant and uncertain carbon credit costs as international aviation recovers, with demand projected to exceed supply to 2027, driven by growth in international aviation sector and a shortage of eligible projects.
September 19, 2025
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By Josh Cowley
Insights
EU Commission launches call for evidence on CBAM rules and methodology, EURANIMI seeks 6-month grace period
The EU Commission has launched a call for evidence on Thursday August 28 on its methodology for calculating emissions embedded in Carbon Border Adjustment Mechanism (CBAM) goods, the rules on the adjustment of CBAM certificates to reflect the EU Emissions Trading System (ETS) free allocation and the rules on the deduction of the carbon price paid in a third country.
September 11, 2025
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By Laura Roberts
Insights
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