- CBAM affects medium and small enterprises in India, and the European Parliament opposed international carbon credits for the mechanism.
- Consequences for India's steel and aluminium exports due to the strengthening of the Carbon Border Adjustment Mechanism (CBAM).
CBAM charges are being applied to carbon embodied in Indian exports.
1 report, 1 independent
Updated Jul 29
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What happened
CBAM charges are being applied to carbon embodied in Indian exports.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- BRICS opposed punitive climate measures and Indian steel exports faced CBAM requirements during the recent BRICS meeting.Sub-event
EC applies CBAM charges to Indian exports.1 source
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The entities involved
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European Commission
executive branch of the European Union
Related events
- EU carbon prices are being tracked against Asian crude spreads, alongside focus on Indian ethanol imports and Brazil's solar investments.
- The port of Antwerp is handling significant trade volumes with India, while the European Commission estimates the potential of EU exports as policymakers discuss India-EU FTA opportunities.
- The European Commission proposed an overhaul of the EU's flagship carbon market.