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COP31: EU FTA on horizon, but India won't budge on CBAM

India's environment minister Bhupender Yadav reaffirmed the country's opposition to trade-linked barriers at COP31. The upcoming negotiations will focus on the EU's Carbon Border Adjustment Mechanism affecting various Indian sectors. Participation in carbon markets should remain voluntary, according to Yadav. Additionally, India emphasizes the importance of climate finance from developed nations.

4 Nov 2026 12:36 am