India Prepares for COP29 Amidst EU Carbon Tax Concerns

India is gearing up for the upcoming COP29 climate conference, navigating the potential impact of the European Union’s carbon border adjustment mechanism (CBAM) on its exports. The EU’s proposed carbon tax on energy-intensive goods, including metals, has raised concerns about trade disruption and economic implications for developing nations. India, representing the global south, will advocate for climate finance, adaptation, and mitigation measures, while maintaining its commitment to sustainable development and biodiversity conservation.

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