EU Allowances on MABUX.

EU Allowances (EUA Futures), also known as climate credits or carbon credits, are now being published on MABUX. EUA play a vital role within the framework of the European Union Emissions Trading Scheme (EU ETS) and underscores the principle that polluters should pay for their emissions and determines the exact amount they must pay. The issuance and management of EU Allowances are closely aligned with the European Union's ambitious goals of achieving climate neutrality within the EU by 2050 and reducing greenhouse gas emissions by 55% by 2030.

As of 2024, the ETS will encompass shipping activities within the European Economic Area (EEA), consisting of EU member states, Iceland, Liechtenstein, and Norway. As a result of this, ship operators will be required to monitor and report their emissions and surrender allowances for every ton of CO2e they emit.