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EU’sCarbon Border Adjustment Mechanism (EU-CBAM)

Syllabus: GS 3: Environment Why in the News? European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) has generated global controversy, particularly at COP29 in Baku, as developing countries, including India, condemn it as discriminatory.   Introduction European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) has stirred a global debate on protectionist measures veiled as climate action. Framed …