India may oppose carbon border tax at G20 meet

Developing countries, including India, may during the two-day G20 ministerial meeting on environment and climate change in Naples, Italy, beginning Thursday, raise their concerns over the EU’s recent proposal on the world’s first carbon border tax.

Under this proposal, the 27 EU nations will impose border tax on imports of carbon-intensive goods. The tax plan, yet to be legally formalised, will come into force from 2026.

India’s new environment minister Bhupender Yadav will virtually participate in the meet that will focus on how to reach a positive outcome at the crucial 26th session of the UN climate change conference (COP26) in Glasgow, UK in November.