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The report examines the Southern African Customs Union (SACU)—comprising South Africa, Botswana, Namibia, Lesotho, and Swaziland—and its various trade agreements. It finds that most agreements focus almost exclusively on market access and economic growth, largely ignoring social and environmental pillars of sustainable development. The study highlights the critical role of the SACU Revenue Sharing Formula in supporting smaller member states and warns that rapid trade liberalization, particularly with the EU, US, and China, may lead to significant tariff revenue losses and job cuts in sensitive sectors like textiles. It recommends that SACU integrate sustainable development guidelines into negotiations, conduct impact assessments, and increase transparency and parliamentary oversight of trade deals.

The report examines South Africa's role as an economic hegemon in Southern Africa, analyzing how its global trade agenda and corporate expansion affect SADC integration. It finds that while South African FDI often provides developmental benefits like job creation and infrastructure, the country's pursuit of bilateral free trade agreements (FTAs) with non-SADC partners may undermine regional producers. Quantitative analysis suggests that SADC trade liberalization has led to significant trade diversion, where imports from SADC partners replace more efficient global sources, resulting in a net welfare loss for South African consumers. The report also highlights restrictive rules of origin and infrastructure deficits as major barriers to meaningful regional trade expansion.

Carbon Market Watch urges the European Commission to adopt the most ambitious options for the EU ETS aviation coverage, specifically advocating for full coverage of emissions and 100% auctioning of allowances from the regulation's adoption. The organization criticizes CORSIA as an ineffective climate strategy and warns that replacing EU ETS coverage with CORSIA would reduce climate ambition and revenue. Additionally, the document calls for the regulation of non-CO2 effects, which are estimated to multiply the global warming impact of aviation CO2 by 2-4 times.