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India

EU “climate tariff” CBAM increasingly under fire

Writing for EU Observer, Frances Li rails against the EU’s new carbon tariff carbon border adjustment mechanism (CBAM). She notes: “The EU prides itself in its progressive values, including its commitment to sustainable development. However, its incoming deforestation regulation and carbon border adjustment mechanism (CBAM) disproportionately burden developing countries–and within them, smaller and medium sized […]

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Emerging economies to challenge EU climate levy at WTO

India, South Africa, Taiwan and several other emerging economies are looking at challenging the EU’s “Carbon Border Adjustment Mechanism” (CBAM) at the World Trade Organisation (WTO). Indian Commerce Minister Piyush Goyal had previously warned that India will take “retaliatory measures” against what he considers to be unfair customs tariffs. According to estimates, these would hit

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“The security of Europe and that of the Indo-Pacific region can no longer be discussed separately”

Writing in Politico, Japanese Foreign Affairs Minister Yoshimasa Hayashi comments: “The security of Europe and that of the Indo-Pacific region can no longer be discussed separately — that was my main message when I attended the NATO ministerial meeting last year for the first time as Japanese foreign minister.” He notes that in “the Indo-Pacific, unilateral

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