India’s high-emitting sectors fear EU CBAM will prove protectionist

The Indian government continues to engage with the EU about the bloc’s carbon border adjustment mechanism.

Indian exporters who believe the EU’s carbon border adjustment mechanism acts as a trade protectionist policy are lobbying their government to advocate their concerns. The country’s so-called hard-to-abate sectors – where emissions are difficult to avoid, such as the steel industry – argue that the EU CBAM discriminates against emerging economies.