On Friday 8 September, the think tank E3G published a position paper for the Coalition of Trade Ministers on Climate. The preamble reads: “Increasing international cooperation on green trade will be essential for achieving climate goals”.
The think tank calls on the participating ministers to implement specific objectives, in particular to “ensure access to critical raw materials” and enable the “faster uptake and diffusion of clean technologies around the world through trade cooperation”. Four main policy areas are defined as fundamental: - “coordinating new policies and commitments to maximise the impact of interventions”; - “mobilising more trade-related finance to support climate and sustainable development objectives”; - “facilitating the exchange of technical information and skills to accelerate green industrial development”; - have the ambition to “reform trade rules” to better grasp this development.
Launched on 19 January 2023 at the initiative of the EU (see EUROPE 13103/10), this coalition, which brings together some fifty countries, aims to “identify ways in which trade policy can contribute to responding to climate change”, in the words of Valdis Dombrovskis, European Commissioner for Trade.
The first meeting of this coalition should be held in 2024 in Abu Dhabi, on the sidelines of the 13th Ministerial Conference of the World Trade Organization (WTO).
See the document: https://aeur.eu/f/8hz (Original version in French by Isalia Stieffatre)