Current Affairs · International Climate Policy
On which of the following grounds do developing nations like India object to unilateral mechanisms like the European Union's Carbon Border Adjustment Mechanism (CBAM)? A. It disproportionately affects their economic development. B. Developing countries completely deny the risks of global warming. C. Developed countries have failed to fully mobilize the promised $100 billion annual climate funding to help developing nations transition. D. The rich countries of the Global North bear historical responsibility for cumulative global emissions. Select the correct answer from the options given below:
- 1Only B and C
- 2Only A and D
- 3Only A, C and D✓
- 4Only A, B and D
Correct answer
Only A, C and D
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