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.

09 SEPTEMBER 2021 AL CIRCLE

West Africa's main political and economic bloc suspends Guinea after the coup; Col Doumbouya assures mining will continue unhampered

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

On 8th September 2021, the main political and economic bloc of West Africa has suspended Guinea's membership following a weekend military coup that has overthrown President Alpha Conde and inflicted a blow to democracy in the region.

Ecowas suspends Guinea

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The leaders from the 15-member Economic Community of West African States, ECOWAS during a virtual summit demanded Alpha Conde’s immediate release and a return to the constitutional order. The EOCWAS leaders also agreed to send a high-level mission to Guinea on 9th September 2021 earliest, as stated by Alpha Barry, Foreign Minister of Burkina Faso.

Barry further added: "At the end of that mission, ECOWAS should be able to re-examine its position.”

However, he did not declare any overnight economic sanctions against Guinea, as ECOWAS imposed against Mali following a coup there in August 2020.

ECOWAS suspends Guinea

While some experts commented ECOWAS's leverage with Guinea could be limited as the nation is not a member of the West African currency union. In 2020, ECOWAS remained silent when Alpha Conde and Ivory Coast President Alassane Ouattara sought third terms after changing constitutions that would have forced them to step down, moves denounced as illegal by their opponents. This has contributed to West Africans' loss of faith in democracy and made military coups more likely, as said by the experts.

Lieutenant Colonel Mamady Doumbouya, head of the Army’s Special Forces and coup leader, has plighted to install a unified, transitional government.

Since the revolt, lives in the streets of Conakry have normalized, while some military checkpoints have been withdrawn. The global aluminium industry feared that the power struggle could restrain Guinea's bauxite production and exportation.

The foreign investors in Guinea said that they have pursued to operate without any interruption, whereas, the aluminium price surged to a fresh 10-year high on 6th September following the coup in Guinea, which holds the world largest bauxite reserves.

The coup leader Col Doumbouya has pledged that bauxite and other mining activities will continue unhampered.

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