Episode 212: Carbon Border Adjustment Mechanism

Carbon Border Adjustment Mechanism or CBAM has emerged as the latest development within the intersection of environmental sustainability and trade. Its phased implementation will begin on 1^st October 2023. CBAM is geared at preventing carbon leakage and encouraging decarbonisation in sectors including electricity, cement, iron and steel, fertiliser, aluminium, and hydrogen. This policy will have important implications for India and other developing countries. In this episode Mr Saeeduddin Faridi, Research Analyst, ISAS is in conversation with Dr Amitendu Palit, Senior Fellow and Research Lead (Trade and Economics), ISAS to delve into this policy and its implications for India and global trade.