Towards catalysing an action programme for the Coalition of Trade Ministers on Climate: Four suggested action points
This policy brief argues for establishing a multilateral discussion framework on trade in alignment with global and national climate action efforts.
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Lippitsch and Newfarmer Policy brief November 2024.pdf
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- This policy brief argues for institutionalising a multilateral discussion framework to share knowledge and align global and national views to drive coordinated, proactive action.
- Establishing a formal work programme at the WTO could facilitate in-depth discussions on the intersection of climate change and trade, enabling better-informed, coordinated policies.
- Reconciling development objectives with climate action requires a multilateral approach that aligns green trade regulations with sustainable economic growth for low-income countries.
- Strengthening regional cooperation among Trade Ministers on Climate would amplify the voices of low-income countries and ensure their interests are represented in global forums.
- Linking “aid-for-trade” to green initiatives would empower low-income countries to adopt sustainable practices, fostering both climate resilience and development.