Think of CBAM as a carbon toll booth at Europe’s border. It applies a carbon tax to certain goods imported into the EU, ensuring that imported goods, particularly those at the greatest risk of carbon leakage, face similar carbon-related costs to those produced within the EU. The framework works in two steps. First, EU importers must measure and report the carbon emissions embedded in the goods they bring in. Then, from January 2026, they will be required to pay. Illustration

Global shipping, which constitutes the backbone of international trade and carries nearly 90% of world trade, now remains one of the most challenging sectors to decarbonise. As climate change intensifies, the maritime sector faces pressure to reduce its carbon footprint. Illustration by The Geostrata An international framework led by the International Maritime Organisation (IMO) has laid out pathways towards Global shipping, which constitutes the backbone of international t

For the record 9th time , the Finance Minister Nirmala Sitharaman prepares to present the Union Budget for 2026-27 on 1st February 2026. This exercise has more significance than a routine fiscal update. As India emerges as one of the world’s fastest-growing economies , it faces a blend of domestic challenges, opportunities and global risks. Illustration by The Geostrata Slowing global demand, trade fragmentation, U.S. tariff pressures and weakening investor sentiments call fo

With all the hype surrounding green hydrogen, you would think it is the second coming of the Enlightenment. Yet, veiled behind the...