New Delhi, February 26 The European Union's Carbon Border Adjustment Mechanism (CBAM) will not have any exceptions, even after the conclusion of the India-EU Free Trade Agreement (FTA), but both sides have committed to technical discussions to find the best way forward, a senior German environment ministry official said here.
Jochen Flasbarth, State Secretary in the German Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection, emphasised that the CBAM is not targeted against any specific country but serves as a necessary protective measure once carbon pricing is introduced domestically in the EU.
"The CBAM is not against anyone. Once you introduce carbon pricing, you need to have some kind of protection," Flasbarth told