Trade policy support climate agenda
Summary
The document advocates for the use of the international trade regime, specifically through the WTO, to restructure market relationships in a climate-friendly manner. It suggests that while border carbon adjustments are prominent, other measures such as phasing out fossil fuel subsidies, removing barriers for clean energy technologies, and establishing green materials clubs are underutilized tools for achieving a low-carbon transition.
Key insights
- While border carbon adjustments are the most visible trade measures for climate policy, the authors suggest several other trade-related policy avenues to support climate goals: phasing out fossil fuel subsidies, creating clear dispute settlement rules for renewable energy technologies, finalizing an environmental goods and services agreement, and forming green materials clubs.
- The WTO regime provides a framework to incentivize climate change mitigation and adaptation by removing trade barriers for clean energy technologies and phasing out trade-distortive fossil fuel subsidies, though WTO member states have not yet exploited this potential.
Cite the original document
- APA
- Stockholm Environment Institute (2022). Trade policy support climate agenda. https://www.sei.org/publications/trade-policy-support-climate-agenda/
- Chicago
- Stockholm Environment Institute. Trade policy support climate agenda. 2022. https://www.sei.org/publications/trade-policy-support-climate-agenda/.
- Wikipedia
- {{cite report |author=Stockholm Environment Institute |title=Trade policy support climate agenda |date=23 June 2022 |url=https://www.sei.org/publications/trade-policy-support-climate-agenda/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{stockholmenvironmentinstitute2022trade, author = {{Stockholm Environment Institute}}, title = {{Trade policy support climate agenda}}, institution = {Stockholm Environment Institute}, year = {2022}, month = jun, url = {https://www.sei.org/publications/trade-policy-support-climate-agenda/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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