"EU CBAM poses significant challenges for Indian iron and steel exporters, but strategic trade cooperation, FTA negotiations, and green technology partnerships between the EU and India can transform regulatory compliance into a roadmap for decarbonization."
Ms. Colette Van Der Ven
TULIP Consulting
Interview Overview & Core Discussion Points
Host: Mr. Shubham Thakur (Climate Journalist & CBAM Expert, CleanCarbon.ai)
Guests:
- Ms. Colette Van Der Ven (Executive Director, TULIP Consulting)
- Ms. Sanvid Tuljapurkar (Lead, Sustainable Trade Law, TULIP Consulting)
In this exclusive interview, climate journalist Shubham Thakur sits down with international trade law and sustainability experts from TULIP Consulting. The discussion delves into the operational, legal, and economic implications of the EU’s Carbon Border Adjustment Mechanism (CBAM) on India’s iron and steel sector, exploring how bilateral cooperation can pave the way for green steel transitions.
Key Topics Discussed:
- Impact on Indian Iron & Steel Manufacturers: How CBAM tariffs and verification requirements affect export competitiveness for Indian steel producers, including Micro, Small, and Medium Enterprises (MSMEs).
- EU-India Trade Cooperation: Leveraging the EU-India Free Trade Agreement (FTA) and trade partnerships to facilitate low-carbon steel technology transfers, investment, and financial support.
- Decarbonization Pathways: Transitioning from fossil-fuel intensive processes to renewable power, green hydrogen, and circular manufacturing frameworks.
- Navigating Legal & Regulatory Frameworks: Alignment of non-EU verification bodies, carbon accounting standards, and MRV (Monitoring, Reporting, and Verification) systems.