The European Commission has begun public consultations on a draft implementing regulation in accordance with Regulation (EU) 2023/956, which sets out detailed rules governing the sale and purchase of Carbon Boundary Adjustment Mechanism (CBAM) certificates, the operation of a common central platform, applicable fees and the interaction between the platform and the CBAM Registry.
Starting in February 2027, authorized CBAM declarants will purchase CBAM certificates through a common central platform operated by the European Commission in cooperation with member States in accordance with the agreement that entered into force on December 16, 2025.
The CBAM registry and the common central platform should have separate functions
In accordance with the draft regulations, the CBAM Registry and the common central platform will perform separate functions.
The CBAM registry will serve as an electronic system for filing CBAM declarations and managing the issuance, storage, delivery and cancellation of CBAM certificates.
The common central platform will be solely responsible for financial transactions related to the purchase and redemption of CBAM certificates, including payment processing and settlements. According to the Commission, this separation is intended to increase operational efficiency, enhance digital security and reduce unnecessary data exposure.
Member States will sell certificates without quantitative restrictions
The Member States will
