Fairness Concerns Cloud EU’s CBAM
CBAM, currently affecting only 1.64 percent of India’s total exports, is an additional tax burden and trade barrier
EU Postpones ESRS Deadline by Two Years
The new directive postpones the adoption of the ESRS for non-EU companies to June 2026, and the 2028 reporting obligations to 2030
Breathe Easier: Indian Steel Industry Makes Strides in Decarbonization
The Indian steel industry is emerging as a frontrunner in decarbonization.
Insufficient Action or Lack of Will to Implement?
In recent days, we have seen insufficient action by nations and corporates alike. For example, to meet its climate goals, the EU needs to cut its carbon emissions three times faster.
India to comply with CBAM during the transition phase
As India plans its own carbon tax, it is likely to accept the EU’s Carbon Border Adjustment Mechanism (CBAM)
EU tightens stand against forced labour
The European Parliament voted to bar products made with forced labor from the EU market. The move will be ensured through a set of regulations to be put in place to investigate the ‘forced labor’ in the supply chain.
Forests and carbon emissions: the tide will turn
European Union on June 29, 2023, introduced a regulation on deforestation-free products. How this translates into real-world scenario is this: operators trading these commodities in the EU market must have a certificate or legal documents to prove that the products do not originate from recently deforested land or have contributed to forest degradation.