Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

25 JUNE 2020 AL CIRCLE

Bank of Ghana Governor rejects hiding information of mineral export proceeds, including Bauxite

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Dr Ernest Addison, Governor of the Bank of Ghana (BoG), has told the Public Accounts Committee (PAC) of Parliament that the central bank does not hide information about proceeds accrued from the exportation of minerals including bauxite.

BoG Governor rejects allegation of hiding minerals export proceeds

{alcircleadd}

Mr James Klutse Avedzi, the Chairman of PAC, raised the issue of bauxite receipts on 24^th June’20 during the Committee’s interaction with the central bank Governor after one member claimed that the bank had not disclosed some bauxite receipts.

Dr Addison, while countering the issue said: “We have always disclosed how much we receive from all exports. It might not be in the statement of foreign exchange receipts and payment of the Bank of Ghana, but for the banking system as a whole, we do that in the balance of payment.”

He added: “Bauxite is reflected in the commercial bank receipts which are captured in the balance of payment, not in the statement of foreign exchange receipt and payment by the Bank of Ghana”.

“The policy of non-surrender to the commercial banks started in 2017”, he said.

“The treatment of manganese and timber, bauxite and all of that is that we never really reported that from the Bank of Ghana as part of the flows coming to the Bank of Ghana”, Dr Addison added.

Tagged with:

Ghana