A joint report by the Confederation of Indian Industry and IIM Ahmedabad calls for a credible and transparent domestic carbon-pricing framework to shield Indian exporters from tightening global climate-linked trade rules as the EU Carbon Border Adjustment Mechanism (CBAM) takes effect. The move would increase environmental compliance demands across supply chains that rely heavily on ocean shipping.
Indian business media report that a new study by the Confederation of Indian Industry (CII) and the Indian Institute of Management Ahmedabad argues India must develop a “credible and transparent” domestic carbon market to help carbon-intensive exporters remain competitive as global climate-oriented trade regulations tighten, notably through the implementation of the EU Carbon Border Adjustment Mechanism. The report highlights that sectors with high emissions profiles, many of whose exports are carried by sea to European markets, will face growing obligations to quantify and pay for their carbon footprint.
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