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.

11 MAY 2022 AL CIRCLE

UAE-Germany emphasizes fostering bilateral trade; aluminium export to Germany excels

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

During the recent discussion on escalating the bilateral and trade relations, the Gulf nation UAE and the EU nation Germany discussed strategies to co-operate in multiple areas that will benefit both the large economies.

UAE's aluminium export to Germany excels

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On 10^th May 2022, it was reported that discussions were held during a visit to Berlin by a high-level delegation from UAE led by Dr Sultan Al Jaber, the Minister of Industry and Advanced Technology.

Dr Jaber said, “Co-operation in the sectors discussed will contribute to sustainable economic growth.”

The UAE delegates were hosted by Robert Habeck, the Vice-Chancellor and Economy Minister of Germany.

On the agenda, the sectors discussed were energy, specifically wind and solar advanced industries, artificial intelligence, infrastructure, tourism and agriculture, as well as others.

Dr Jaber exemplified, “The UAE leadership is keen to strengthen bilateral relations with the Republic of Germany and is exploring opportunities for co-operation and joint investment in vital areas.”

Germany's Federal Foreign Office stated, “The UAE is Germany’s biggest trading partner in the Middle East, on par with Saudi Arabia, and the two countries have intensive diplomatic relations.”

As part of a visit to Germany by Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, a strategic partnership was formed in April 2004.

The observatory of Economic Complexity data revealed that the trade between the two economies has persistently augmented in the past 25 years. The UAE’s export to Germany escalated to $1.1 billion in 2020 from $125 million in 1995 at an annualised growth rate of about 9.2%.

In terms of exports, raw aluminium was the largest worth $338 million, aircraft parts valued at $84.5 million and spark-ignition engines amounted to $84.30 million.

Similarly, the observatory unveiled that in the same phase, German exports to the UAE grew by 7% from $1.4 billion in 1995 to $7.8 billion in 2020. The top exports were planes, helicopters, and spacecraft ($1.35 billion), cars ($762 million), and packaged medicines ($354m). However, in March, several German companies, led by Habeck, signed agreements with UAE firms to support Germany's long-term energy requirements.

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