Which of the following statements about CBAM (Carbon Border Adjust-ment Mechanisms) is/are correct ?
- 1. These are an emerging set of trade tools to allow movement of carbon-intensive economic activity from a jurisdiction having less stringent climate policy to a jurisdiction having stringent climate policy.
- 2. These are meant to increase the environmental effectiveness of climate policies
Select the answer using the code given below :
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Answer is Right!
Answer is Wrong!
This question was previously asked in
UPSC CAPF – 2024