Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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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.

08 MARCH 2024 AL CIRCLE

Sowing sustainability: Multimillion-dollar initiative aims to reclaim bauxite terrain for agriculture

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

The Jamaican Minister of Agriculture, Fisheries, and Mining, Hon. Floyd Green, announced a $1.2 billion investment plan to transform neglected former bauxite lands into productive agricultural areas.

Multimillion-dollar initiative aims to reclaim bauxite terrain for agriculture

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Green pointed out, “What we are looking to do is to take those lands that are now being underutilised or that mining has been finished and they are now restored and put them into active production.”

During the Standing Finance Committee of the House of Representatives session on March 6^th, the Minister stated that the funding would bolster collaboration among the Jamaica Bauxite Institute, Jamaica Social Investment Fund (JSIF), and companies in the bauxite sector.

The project is anticipated to influence various areas, encompassing the southern regions of the parish, including Mocho in Clarendon, Water Valley in St. Ann, and Harmons and Mile Gully in Manchester.

The Minister stated, "Thankfully, now that we have mining within the Ministry, we can focus more of those lands into agriculture. So, some of the money you'll see in the budget today across the Jamaica Bauxite Institute and Jamaica Bauxite Mining Limited is actually to repurpose some of those lands for agricultural enterprises."

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