Articles 1st Jun 2023
The European Union approved its much talked about ‘carbon border adjustment mechanism’ last week. The measure which aims to create a level playing field for products produced using carbon-intensive processes with those that are greener may actually result in exacerbating the development divide. The measure may affect the fortunes of the poorer countries despite their much lower per-capita emissions.
Against this backdrop, Sanjay Notani, Partner, Economic Laws Practice (ELP), and Badri Narayanan Gopalakrishnan, PhD, Fellow, NITI Aayog have co-authored an article EU carbon rules to hurt India, others published by The Hindu businessline which examines the impact of such measures on the global south.
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