Tag: eu carbon border tax

  • EU Carbon Border Tax

    Context: The European Parliament – the legislative body of the 27-member EU, reached a political deal on the carbon border tax – Carbon Border Adjustment Mechanism (CBAM). Important for Prelims: International RelationsMains: UPSC General Studies II Need for CBAM: Why are developing countries/India opposing CBAM? Various Dimensions of India-Maldives Relations: Dimension Example Historical The Maldives has…