carbon taxes

Serbia to Implement Dual Carbon Taxation System Starting 2026

Starting January 1, 2026, Serbia will introduce a dual carbon taxation system that will significantly alter the financial landscape for domestic heavy industries and carbon-intensive imports. This reform includes two distinct taxes: a Greenhouse Gas Emissions Tax for large domestic emitters and a carbon-based import tax aimed at specific high-emission products entering the Serbian market. Both taxes are set at €4 per ton of CO₂ equivalent, establishing a domestic carbon price that will apply to both production and trade. The…