The European Union Commission has confirmed that CBAM will become mandatory from January 2026. Now, the Indian suppliers of carbon-intensive products’ export to the EU are concerned about upcoming CBAM tax that could be levied on them by EU importers.
After the European Union Commission has confirmed that CBAM will become mandatory from January 2026, the Indian suppliers of carbon-intensive products’ export to the EU are concerned about upcoming CBAM tax that could be levied on them by EU importers. The future of business and international trade depends on adopting lower carbon economic models and climate-conscious pathways. As climate risk is becoming deadlier for companies and legacy businesses across the globe, consumers and investors are preferring for products with lower carbon emissions associated with them. Market trends and local traders’ attitude is also shifting towards products that care for the environment and global sustainability.