Omar Hamdy

Glossary. CBAM and carbon markets

CBAM certificate

CBAM certificate

The unit an importer surrenders for each tonne of embedded emissions, priced against the EU ETS.

شهادة CBAM

الوحدة التي يسلّمها المستورد عن كل طن من الانبعاثات المتضمَّنة، ويرتبط سعرها بنظام الاتحاد الأوروبي لتداول الانبعاثات.

المصدر: الصحافة المالية العربية

Source of the Arabic term: Established Arabic financial press

Why a lender reads this

For exporters to the EU, embedded emissions now carry a cost. A lender reads CBAM exposure as a margin and cash flow question, and carbon credits as an asset only when the method and the registry hold up.

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