EU’s suggestion on CBAM offers no help: Report

The European Union (EU) suggestion that India can impose carbon tax locally to avoid or reduce the levy that will be imposed under Carbon Border Adjustment Mechanism (CBAM)  would not be of much help as payout by exporters will still be high, according to a report by GTRI. The EU’s CBAM regulation offers a reduction

GTRI says India should not take new commitments at COP28

The Global Trade Research Initiative said that India has already made significant commitments at COP27 and the Paris Agreement, aligning with its Long-term Low Emissions and Development Strategy India should not take new commitments at the ongoing United Nations COP28 climate talks in Dubai and continue its green transition without additional assurances, think tank GTRI