{
  "version": "cf-2026.1",
  "source": "Regulation (EU) 2023/956, Annex III (third countries and territories outside the scope of CBAM)",
  "sourceUrl": "https://eur-lex.europa.eu/eli/reg/2023/956/oj",
  "effectiveDate": "2026-01-01",
  "note": "Origin-country adjustment applied to the default embedded-emission value. Under CBAM, countries and territories listed in Annex III (those participating in the EU ETS or with a linked system) are OUTSIDE the scope of CBAM — modelled here as factor 0.0 (no certificates owed). All other origin countries use defaultFactor 1.0 (default value applied in full; a producer may instead claim a lower verified actual value via an accredited verifier). This does not model any country-specific default-value variations that the binding methodology may define — reconcile against Commission Implementing Regulation (EU) 2025/2621 before production use.",
  "defaultFactor": 1,
  "factors": [
    {
      "iso2": "IS",
      "name": "Iceland",
      "factor": 0,
      "note": "Annex III — EU ETS participant, outside CBAM scope"
    },
    {
      "iso2": "LI",
      "name": "Liechtenstein",
      "factor": 0,
      "note": "Annex III — outside CBAM scope"
    },
    {
      "iso2": "NO",
      "name": "Norway",
      "factor": 0,
      "note": "Annex III — EU ETS participant, outside CBAM scope"
    },
    {
      "iso2": "CH",
      "name": "Switzerland",
      "factor": 0,
      "note": "Annex III — ETS linked, outside CBAM scope"
    },
    {
      "iso2": "CN",
      "name": "China",
      "factor": 1
    },
    {
      "iso2": "IN",
      "name": "India",
      "factor": 1
    },
    {
      "iso2": "TR",
      "name": "Türkiye",
      "factor": 1
    },
    {
      "iso2": "RU",
      "name": "Russia",
      "factor": 1
    },
    {
      "iso2": "UA",
      "name": "Ukraine",
      "factor": 1
    },
    {
      "iso2": "GB",
      "name": "United Kingdom",
      "factor": 1
    },
    {
      "iso2": "US",
      "name": "United States",
      "factor": 1
    },
    {
      "iso2": "KR",
      "name": "South Korea",
      "factor": 1
    },
    {
      "iso2": "BR",
      "name": "Brazil",
      "factor": 1
    }
  ]
}
