India, Nov. 19 -- At COP30 in Belem, developing countries voiced strong opposition to unilateral trade-restrictive climate measures.
They argued that such measures favour industries in the Global North at the expense of the Global South.
EU's Carbon Border Adjustment Mechanism was a focal point, with developing nations asserting these measures undermine multilateral cooperation and increase the cost of global climate action.
"Unilateral, trade-restrictive climate measures are not about ambition - they are about giving competitive advantage to industries in the Global North at the cost of development in the Global South," India told a room full of negotiators in the Just Transition Work Programme (JTWP) on the fourth day of the 30th Con...
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