José Cruz/Agência Brasil · CC BY 3.0 brBRICS condemns EU carbon tax
The BRICS grouping condemned the European Union's carbon border tax, a levy on the carbon content of certain imports. The bloc called for a significant increase in international funding to help developing countries adapt to climate change, framing scaled-up climate finance—rather than unilateral trade-linked carbon levies—as the fairer route to supporting emission cuts in the developing world.
Nabka Insight
BRICS's position on the EU carbon border tax is a live climate-diplomacy flashpoint.
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- BRICS jointly condemned the European Union's carbon border tax.
- The bloc called for a significant increase in international funding for climate adaptation in developing countries.
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