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07. Okt. 2024

Trade and the Environmental Poly­ Crisis - Making the WTO Fit to Better Deal with Trade and the Environment

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The World Trade Organization (WTO) has yet to adequately address the critical nexus between trade and environmental protection, despite the rising global environmental crises. This policy brief, authored by a team of international experts for the T20 initiative, analyzes the existing WTO frameworks and examines the potential of trade policy to drive environmental progress.

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Key recommendations focus on revising WTO agreements, fostering plurilateral negotiations, and utilizing G20 dialogue to create a sustainable, development-friendly global trade system.  The Policy Brief recommends that the G20 discuss proposals to enhance current WTO rules to better address environmental concerns and to use dialogue mechanisms to deal with environment-related trade disputes. Furthermore, the G20 should support ongoing discussions on the better alignment of trade and the environment in the WTO Committee on Trade and Environment as well as in plurilateral fora. Lastly, the Policy Brief recommends that the G20 discuss a reform of the WTO’s Trade Policy Reviews to enhance transparency on the trade-environmental nexus.


Read the full Policy Brief here.
 

Bibliografische Angaben

Schmucker, Claudia. “Trade and the Environmental Poly­ Crisis - Making the WTO Fit to Better Deal with Trade and the Environment.” German Council on Foreign Relations. October 2024.

The text is part of the T20 Brasil 2024. You can read the full policy brief by M. Sait Akman by J, Axel Berger, Carlos Primo Braga, Andreas Freytag, Stormy-Annika Mildner, Claudia Schmucker and Maarten Smeets here.

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