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BRICS Ministers Reject EU Carbon Border Tax as Discriminatory

BRICS Ministers Reject EU Carbon Border Tax as Discriminatory
BRICS Environment Ministers oppose European Union’s Carbon Border Tax · indianexpress.com

BRICS ministers criticized a European Union rule about carbon emissions on imported goods.

The rule is called the Carbon Border Adjustment Mechanism, or CBAM.

It adds a cost to goods such as steel, aluminium, cement and fertilisers when they enter the European Union.

The European Union intended the measure to reduce pollution linked to imported products.

Developing countries have viewed it as a trade barrier.

The BRICS ministers called it unfair, punitive and discriminatory.

They also said richer countries should provide more money to help countries adapt to climate change.

CBAM started with a reporting phase in October 2023 and began requiring certificates in January 2026.

Key facts

Measure
European Union Carbon Border Adjustment Mechanism (CBAM), also called the Carbon Border Tax
Covered goods
Steel, iron, fertilisers, aluminium and cement
Reporting phase
Started October 1, 2023
Full implementation
Began January 1, 2026
Implementation requirement
Importers must purchase and surrender CBAM certificates linked to embedded carbon emissions
BRICS criticism
Ministers described CBAM as unilateral, punitive, discriminatory and protectionist
Climate finance
Ministers called for developed nations to urgently increase financing, especially for adaptation

Sources

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