Developing country coalitions and EU's carbon border tax in UNFCCC framework — critical UPSC topic for climate diplomacy and trade-climate nexus.
At the Bonn SB64 climate negotiations (June 2026), India coordinated with LMDC, BASIC, and G77 + China to oppose the EU's CBAM and demand dedicated agenda space for Article 9.1 financial obligations under Paris Agreement.
|
Term |
Detail |
|
CBAM |
EU's carbon border tax; full implementation 2026 |
|
LMDC |
Like-Minded Developing Countries; formed 2012 |
|
BASIC |
Brazil, South Africa, India, China; formed 2009 |
|
Core Principle |
CBDR — Common But Differentiated Responsibilities |
|
GCF |
Green Climate Fund; established 2010, operational 2015 |
|
GCF Headquarters |
Songdo, Incheon, South Korea |
|
India's Strategy |
WTO/UNFCCC challenges + simplified GCF access |
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