BRICS condemns EU carbon tax

BRICS countries condemn EU carbon tax as ‘punitive and protectionist’

The BRICS group of countries has doubled down on its critique of the EU’s new carbon tax describing it as “unilateral, punitive, discriminatory and protectionist”.  The statement, which followed a meeting of environment ministers of the BRICS nations, including India, China, Russia, South Africa and Brazil on Tuesday (18 August), also included demands for more financial support for developing countries to cope with the effects of dangerous clima…

BRICS rejects ‘punitive and discriminatory’ EU carbon border tax

The mechanism is inconsistent with international law and a “significant trade barrier for developing countries,” ministers have said BRICS countries have opposed the European Union’s Carbon Border Adjustment Mechanism (CBAM), calling it “unilateral, punitive, discriminatory, and protectionist.” The meeting of the bloc’s environmental and climate ministers in New Delhi, chaired by Indian Minister for Environment, Forest...

BRICS Environment Ministers oppose European Union’s Carbon Border Tax

Bloc of 9 developing economies has also pressed rich nations on climate finance.

BRICS nations oppose EU carbon border tax at the group's environment ministers’ meeting

India News: NEW DELHI: BRICS nations, including India, China, Russia, South Africa, Brazil and others, on Tuesday opposed the European Union’s carbon border adjus.

BRICS condemns EU carbon tax

BRICS condemns the EU's carbon tax, urging increased international funding for developing countries to adapt to climate change.