How the WTO Can Help Address Climate Change
- Elgar International Economic Law series
4. 4.1 The role of trade measures in addressing climate change INTRODUCTION The fundamental premise of this book is that the international trading regime and efforts to address climate change are not only inextricably linked but that synergies can be found between them that will enable achievement of environmental, trade and development goals. Understanding these linkages and possible synergies is critical for governments, policy-makers, academics, and others engaged with either endeavour. International trade is important to economic growth and prosperity in both developed and developing countries, whilst projections are that climate change will have significant impact on societies throughout the world (although current projections show that some countries will lose more than others and that there may, at least in the short term, even be some ‘winners’ from climate change). Linkages between the international trading regime and efforts to address climate change require governments and policy-makers in each area to take account of the other. Trade rules may both constrain and facilitate action to address climate change, while actions taken to address climate change will in some cases have important implications for trading relationships. In this chapter, we introduce the three different types of linkages between trade and climate change to be examined. A key theme of the book is that international trade rules need not conflict with action on climate change. On the contrary, trade institutions and the rules they monitor can aid efforts to address climate change, both in terms of domestic actions to reduce emissions and in...
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