IMPORT Token
Origin
European industries pay for their CO₂ emissions with so called EU emission allowance or EUAs.
In 2023 the European Commission introduced the Carbon Border Adjustment Mechanism (CBAM). CBAM exists to stop companies from moving production to countries with weaker climate rules to avoid paying for CO₂ emissions.
CBAM requires importers to pay a CO₂ price equal to what European industries pay, thus helping to fight carbon leakage and support global decarbonisation.Utility
To comply with CBAM, EU importers must purchase CBAM certificates. These follow the price setting of EUAs but, importantly, they have limited validity of one year.
This limited validity may trigger speculative EUA purchases, increasing EUA price volatility and undermining market stability of its trading system. This trading system is called EU ETS and is vital to the success of the EU Green Deal.
IMPORT Tokens have no limited validity so purchase these will effectively protect the integrity of the EU ETS.
Smart policy helps fight climate change
How IMPORT Token works
The IMPORT Token price is designed to be non-volatile. At the top of the page, you’ll find the current price. It starts at a minimum of €25 and increases in steps of €25 — with no upper limit.
IMPORT Token is related to the price of emission allowances (EUAs). The price of these EUAs is the outcome of public auctions held weekly by the European Energy Exchange, the results are published online - see link below.
A key feature of the IMPORT Token is that its price is fully independent — it is not affected by demand and it cannot be manipulated.
Purchase & Surrender
Purchase IMPORT Tokens at its price setting and surrender IMPORT Tokens at anytime after the lock-up period. Surrender them for the same price or hold them if you expect the price to trend upwards.
When IMPORT Tokens are purchased, an invoice is automatically generated in the dashboard and options are shown to complete the purchase. Similarly, a credit memo is issued when tokens are surrendered (sold). Funds are sent using the same method used for the original purchase.
Price Predictions
As the price trajectory of the IMPORT Token is linked to developments in the EU ETS market, the following factors influence IMPORT Token price dynamics:
- Market Demand: Prices are influenced by how industries adapt to increasingly stringent carbon caps, driving demand for allowances.
- EUA Supply: The EU periodically reduces the supply of allowances under the ETS to encourage decarbonization efforts.
Account dashboard