International RelationsEnvironment
News 0 of 21

BRICS Opposes EU CBAM, Demands $300B Climate Finance for Developing Nations

Target:UPSC GS-IIMPSCTeachingSSC GAPrelims HighMains HighStatic GK Link
18 Aug 2026
~2 min
Source: Indian Express
Key Data:October 1, 2023 (CBAM reporting phase start)January 1, 2026 (CBAM full implementation)12th BRICS Environment Ministers' MeetingCOP30 (Belem, Brazil)Triple adaptation finance by 2035 (NCQG)
Bodies:BRICSEuropean UnionUNFCCC
Practice MCQs from today's news ▸
What This Article Covers

1.BRICS environment ministers formally opposed EU's CBAM, labeling it unilateral, punitive, and discriminatory against developing nations.

2.The 12th BRICS Environment Ministers' Meeting, chaired by India in New Delhi, urged developed countries to deliver on the NCQG pledge to triple adaptation finance by 2035.

3.The bloc invoked the CBDR-RC principle, emphasizing that climate commitments must remain voluntary and calibrated to national circumstances.

The Big Picture
Prelims · HighMains · High

BRICS environment ministers have unanimously opposed the EU's Carbon Border Adjustment Mechanism (CBAM), calling it a discriminatory trade barrier disguised as climate policy. For UPSC/SSC aspirants, this is a critical intersection of climate diplomacy, international trade law, and North-South equity debates—a high-probability topic for both Prelims (CBAM details) and Mains (analytical questions on CBDR-RC principle).

Exam Lens

Quick Exam Facts From News

Meeting12th BRICS Environment Ministers' Meeting
Chair/HostIndia (New Delhi)
Opposed PolicyEU's Carbon Border Adjustment Mechanism (CBAM)
CBAM Start DateOctober 1, 2023 (reporting phase); fully effective January 1, 2026
Key Principle InvokedCommon But Differentiated Responsibilities and Respective Capabilities (CBDR-RC)
Finance Target ReferencedNCQG from COP30 (Belem, Brazil) – triple adaptation finance by 2035
Next HostChina (13th edition in 2027)

1-Minute Revision

  • ›Meeting: 12th BRICS Environment Ministers' Meeting
  • ›Chair/Host: India (New Delhi)
  • ›Target this Data: CBAM fully effective from January 1, 2026; 12th BRICS Environment Ministers' Meeting hosted by India (New Delhi)
  • ›Target this Nodal Body: BRICS (Brazil, Russia, India, China, South Africa + 5 new members: UAE, Iran, Indonesia, Saudi Arabia, Egypt, Ethiopia)
  • ›Target this Legal Point: CBDR-RC principle (Article 3 of UNFCCC); NCQG target set at COP30 (Belem, Brazil)

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which principle invoked by BRICS in opposing the EU's CBAM is a foundational element of the UNFCCC, acknowledging differentiated historical responsibilities for climate change?

Q2Statement-basedHard

Consider the following statements regarding the EU's Carbon Border Adjustment Mechanism (CBAM):

1. CBAM was initially rolled out with a reporting-only phase on October 1, 2023.

2. CBAM applies to all imported goods equally, regardless of their carbon intensity.

3. The mechanism became fully effective from January 1, 2026, requiring importers to purchase certificates for embedded carbon emissions.

Which of the statements given above is/are correct?

Q3Data-centricMedium

By what year did the New Collective Quantified Goal (NCQG), reached at COP30 in Belem, Brazil, aim to triple adaptation finance to developing countries?

Q4Application/ImpactMedium

What is the primary reason developing countries like those in BRICS oppose the EU's Carbon Border Adjustment Mechanism (CBAM)?

All 25 MCQs ▸
You finished this topic
Explore Related Topics
Related Current Affairs
Intl. Relations Current Affairs

EU CBAM: Carbon Border Tax on Steel Imports to Cost India €190/Tonne from Feb 2027

The EU has implemented the Carbon Border Adjustment Mechanism (CBAM), a carbon tax on imports of steel, aluminium, cement, fertilisers, hydrogen, and electricity. For India, this is primarily a steel tax—$5.4 billion of its $6.3 billion CBAM-exposed exports to the EU in 2024 were iron and steel. With Indian steel emitting 2.54 tonnes of CO2 per tonne (vs. world avg. 1.9), the tax could cut exports by 24%, and BRICS has formally opposed it as protectionist in the New Delhi Declaration.

Intl. Relations Current Affairs

India's Institutional Entrepreneurship in Green Finance: ISA, CDRI, BRICS+ Shape New Global Order

India is leveraging its G20 presidency, Global South summits, and initiatives like ISA, CDRI, and GBA to shape a new multipolar global financial order focused on green development. With climate finance needs surging and traditional MDBs struggling to meet targets, India's 'institutional entrepreneurship' offers a model for the Global South. This is a key topic for UPSC GS2 (International Relations) and GS3 (Economy, Environment).

Intl. Relations Current Affairs

18th BRICS Summit, India-EU FTA, Houthi Seize Perim Island: UPSC Must-Know Topics

The 18th BRICS Summit in Delhi brings together 11 nations representing 36.8% of global GDP, with India balancing ties between West and East. Meanwhile, India-EU FTA nears completion (96% tariff elimination), and Houthi capture of Perim Island threatens Bab el-Mandeb chokepoint. Exam angles: BRICS dynamics, India's strategic autonomy, maritime security, and trade pacts.

Intl. Relations Current Affairs

BRICS Finance Ministers & Central Bank Chiefs Unite Against Unilateral Tariffs, Push Local Currency Settlement

The BRICS FMCBG meeting under India's chairship issued a joint statement expressing serious concern over unilateral tariffs imposed by the US, which distort trade and violate WTO rules. They also pushed for cross-border payments in local currencies and established a new Task Force on Growth and Development. This is crucial for India's BRICS presidency and global trade dynamics.

Intl. Relations Current Affairs

BRICS Nations Adopt New Delhi Declaration; Urge Restraint in West Asia War, Seek WTO Reform

The BRICS nations, now 11 members strong, issued the New Delhi Declaration on September 12, 2026, expressing deep concern over the escalating West Asia war and calling for maximum restraint. The declaration also pushes for the restoration of a binding two-tier WTO dispute settlement mechanism, highlighting India's diplomatic success in bridging the gap between Iran and UAE after months of deadlock.

Intl. Relations Current Affairs

BRICS New Delhi Declaration: India's Dilemma on Local Currency Trade vs. Strategic Autonomy

The BRICS New Delhi Declaration highlights India's cautious approach to local currency trade, balancing export advantages from a depreciating rupee against the risk of yuan dominance and US tariff threats. India supports local currency trade but opposes a common BRICS currency due to China's likely control.

Intl. Relations Current Affairs

India-China Bilateral Trade Reaches $125 Bn (22.6% YoY) Post Xi-Modi Meet; BRICS AI Plan

The September 12, 2026 Xi-Modi meeting in New Delhi signals a diplomatic thaw in India-China relations. Bilateral trade surged to $125 billion (Jan-Aug 2026) with Indian exports up 41%. China also proposed a BRICS AI open-source initiative, offering rich fodder for UPSC topics on IR, economy, and technology governance.

Intl. Relations Current Affairs

Xi Jinping at 18th BRICS Summit in Delhi; India's $112 Bn Deficit with China and US Tariff Risks

Xi Jinping visits India after 7 years for the 18th BRICS Summit, as India navigates a widening $112 billion trade deficit with China and US scrutiny on tariff circumvention. India's BRICS chairship aims to build production capacity, balancing Chinese investment and American market access.