Is Your Export Business ‘Carbon Tax’ Ready? Understanding the EU’s CBAM Impact on Indian MSMEs
The global trade landscape is undergoing a seismic shift. Traditionally, global trade is influenced by tariffs, quality, and logistics. However, a new player has entered this field: Climate Policy. As of January 2024, the European Union’s Carbon Border Adjustment Mechanism (CBAM) has officially moved from a theoretical policy to a functional reporting requirement. For Indian …
