Trade and Climate Action
The SRC is pleased to announce the launch of its webpage on Trade and Climate Action that houses all of the work being done by the SRC on the trade/climate change interface. In addition, through its Director, the SRC is involved in a Remaking the Global Trading System for a Sustainable Future Project, together with Professor Dan Esty at the Yale School of the Environment and Yale Law School, Professor Diana Van Patten at the Yale School of Management, Professor Joel Trachtman and Dean Rachel Kyte at the Fletcher School of Law and Diplomacy at Tufts University. More information about that Project is available here.
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SRC - TESS Forum Publication
International trade is often championed as a powerful engine of economic growth, with the potential to elevate living standards worldwide. The World Trade Organization (WTO), which stands at the forefront of global trade rules, negotiations, and dispute resolution, encapsulates this vision in its preamble, urging its members to engage in trade relations “with a view to raising standards of living, ensuring full employment and a large and steadily growing volume of real income and effective demand, and expanding the production of and trade in goods and services, while allowing for the optimal use of the world’s resources in accordance with the objective of sustainable development.”
SRC - TESS Forum Publication
The Caribbean region throws up unique challenges for
both the climate change and trade communities. Being
among the most vulnerable regions in the world to the
impacts of rising global temperatures, the small island
developing states (SIDS) of the Caribbean Community
(CARICOM) stand to face severe environmental, economic,
and infrastructural losses in the coming years. On the trade
front, the region still accounts for a very small share of global
trade, has registered overall declines in terms of global
competitiveness and participation in global value chains,
and is a relatively small player in negotiating and dispute
settlement for a at the World Trade Organization (WTO).
Dr. Jan Yves Remy, Rueanna Haynes and Kaycia Ellis-Bourne
November 2021
The phenomenon of “climate change” is linked to direct or indirect human activity which alters the composition of the global atmosphere over and above natural climate variability observed over comparable time periods. It results from a gradual increase in average global temperatures caused by the accumulation of greenhouse gases (GHG) in the atmosphere. The principal GHGs are carbon dioxide (CO2), methane, nitrous oxide, and fluorinated gases. CO2 comprises 64.3% of GHGs and enters the atmosphere through the burning of fossil fuels, solid waste, trees and wood products, and certain chemical reactions. The adverse impacts of global warming and the resulting changes in the climatic conditions are formidable stumbling blocks to sustainable development, in particular, for small island developing states (SIDS) of which most Caribbean states are a sub-set.
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he SRC is pleased to share Version 2.0 of the Remaking Trade for a Sustainable Future Project’s (RTP) Villars Framework. This version incorporates feedback received during the first Villars Framework Summit in September 2023, and contains a new chapter on the social dimensions of sustainability.
Visit the Remaking Trade for a Sustainable Future website for more information.
UNCTAD and SRC Technical and Statistical Report
Climate Change Database
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Policy Papers
Recordings
SRC Trading Thoughts
Documents
UNCTAD and SRC Technical and Statistical Report
Climate Change Database