EU carbon border tax will do little to cut emissions: ADB study

February 26, 2024 admin

A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big reductions in greenhouse gas emissions, the Asian Development Bank (ADB) said in a report published on Monday, February 26. | Photo Credit: AP A European Union plan to impose tariffs on high-carbon…

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ADB moderates India GDP growth hopes this year to 6.3%

September 20, 2023 admin

The Bank expects growth to be propelled by “robust domestic consumption as consumer confidence improves, and by investment including large increases” in government capital expenditure. File. | Photo Credit: REUTERS The Asian Development Bank (ADB) on September 20 pared its growth forecast for India’s economy to 6.3% for this year, from 6.4% estimated earlier, citing the…

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