← 13 September 2026's Current Affairs · Environment GS-3 Prelims ★★★★☆ Mains ★★☆☆☆
BRICS Declaration opposes a carbon border tax
Why in News?
BRICS Declaration opposes a carbon border tax
BRICS opposed a carbon border tax and affirmed a continuing role for fossil fuels in its 2026 Declaration.
Why it matters: GS-3 core; factual, Prelims-type
What you need to know
2 min read
The BRICS Declaration 2026 opposed the imposition of a carbon border tax on trade, arguing it unfairly burdens developing economies.
It affirmed that fossil fuels would continue to play an important role in the energy transition for developing nations.
The stance reflects developing-country concerns over measures such as the European Union's carbon border adjustment mechanism.
Sources: Topper IAS editorial (PIB / The Hindu / Indian Express)
Key facts
Remember these
- carbon border tax
- BRICS
- fossil fuels
- climate
Prelims · Mains
How the exam will ask it
Prelims
- carbon border tax, BRICS, fossil fuels, climate
Mains
Use as an example in GS-3 answers (GS Paper 3 - Environment / Climate Change).
Quick recall
Answer before you reveal
The RBI recently rejected an application to surrender a Non-Banking Financial Company (NBFC) licence, instead directing the company to list on stock exchanges. Which company was this?
- Reliance Industries
- Bajaj Finserv
- L&T Finance
- Tata Sons
Show answer
Answer: D — The RBI rejected Tata Sons' application to surrender its NBFC licence and asked it to prepare for immediate listing.
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