Intermingling of Trade and Environment Policy: Implications of EU–CBAM on India and LDCs
Rajeev Kher Anshuman Gupta
Intermingling of Trade and Environment Policy: Implications of EU–CBAM on India and LDCs Economic and Political Weekly Vol.59; No.46 - 16 Nov. 2024 pp. 50-57
The old position of keeping trade and sustainability issues separate seems to be an unviable option today. Strategic thinking and coordinated as well as collective diplomacy by countries of the global South are required. This paper studies the European Union-carbon border adjustment mechanism regulation, its impact on developing and least-developed countries, and its compatibility with the World Trade Organization
provisions, along with giving a few suggestions to deal with this challenge.
Commerce
India
Foreign trade
European Union-carbon border adjustment mechanism
World Trade Organization
Global South
Intermingling of Trade and Environment Policy: Implications of EU–CBAM on India and LDCs Economic and Political Weekly Vol.59; No.46 - 16 Nov. 2024 pp. 50-57
The old position of keeping trade and sustainability issues separate seems to be an unviable option today. Strategic thinking and coordinated as well as collective diplomacy by countries of the global South are required. This paper studies the European Union-carbon border adjustment mechanism regulation, its impact on developing and least-developed countries, and its compatibility with the World Trade Organization
provisions, along with giving a few suggestions to deal with this challenge.
Commerce
India
Foreign trade
European Union-carbon border adjustment mechanism
World Trade Organization
Global South