CBAM

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India considers alternative markets amid CBAM implementation

Africa, Latin America and the Middle East are being studied as potential destinations

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UK should take into account exporters’ views on its own CBAM – IISD

The mechanism proposed in the United Kingdom has certain differences from the European one

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India criticizes EU proposal for carbon tax for its industry

The country considers this plan unacceptable and harmful to its economic interests

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Malaysia needs its own CBAM analog

The country's government is considering introducing a price on carbon emissions exclusively for steel industry

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Proliferation of CBAM analogs could affect Brazil’s exports – IISD

The main concern that the mechanism causes in the country is related to its role in global trade

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European CBAM will cost India 0.05% of GDP – analysts

Exports of goods to EU covered by CBAM accounted for 9.91% of India's total exports to the bloc in 2022-23

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South Africa criticises UK plans to introduce CBAM analogue

South Africa notes that this step may contradict WTO rules

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CBAM could harm developing economies – South Africa

The countries of the region should abandon fossil fuels in favor of green energy

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China approves 7.1 million tonnes of new EAF-based steel capacity in first half of the year

The country is accelerating the transition to sustainable steel as the full launch of CBAM approaches

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FEU put forward proposals for effective implementation of the ETS in Ukraine

The Federation prepared and sent a corresponding letter of appeal to the Ministry of Environmental Protection and Natural Resources of Ukraine

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Ukraine needs to intensify negotiations with EU on CBAM

The optimal option is to recognize force majeure and apply a declaratory approach to Ukrainian imports subject to CBAM

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