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.

19 AUGUST 2016 AL CIRCLE

IFC approves $55 mln credit to Turkey's largest aluminium producer

EDITED BY : DIPANWITA GUPTA 2MINS READ

Assan, Turkey’s leading flat-rolled aluminium products manufacturer has laid out a major modernization and expansion plan for its two existing furnaces in the country. To finance the same it has approached the International Finance Corporation (IFC) for a loan of $55 million.

The IFC, a member of the World Bank Group, confirmed on August 17 that it will provide Assan with the credit amount.

“IFC’s investment will help Assan, one of Turkey’s biggest exporters with a 70 percent export rate, refinance a recently acquired scrap recycling plant, modernize two existing furnaces, and install five new furnaces, as well as improve overall plant maintenance and energy efficiencies, “ IFC said in a statement.

The IFC has played a crucial role in the Turkish major’s growth since 1994 by extending a sum of $220 million in senior loans in addition to syndicating long-term financing.

News

Tamer Saka, CEO of Kibar Holding, said: “As one of Turkey’s leading exporters, our vision is to become a market maker in Europe.”

“Working with IFC, a strategic and long-term partner, will help Assan to achieve this objective. It will also enable us to sustain our growth strategy and make new investments to increase our international presence with higher competitiveness,” Saka added.

Turkey is the second largest country outside of Washington D.C. where IFC has its global footprint. In FY2015-16, IFC invested $1.8 billion in Turkey, the statement noted.