José Cruz/Agência Brasil · CC BY 3.0 brBRICS condemns EU carbon tax
The BRICS grouping condemned the European Union's carbon tax. Alongside this stand, BRICS called for a significant increase in international funding to help developing countries adapt to climate change. The position places the bloc in opposition to the EU's carbon border measure while pressing for larger climate-adaptation finance for the developing world.
Nabka Insight
The EU carbon border tax versus developing-country climate finance is a recurring environment-diplomacy flashpoint.
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- BRICS condemned the European Union's carbon tax.
- BRICS called for a significant increase in international funding for developing countries to adapt to climate change.
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