Enabling a "Green Seize" of New Trade Opportunities for LDCs: Learning from the COVID-19 response to address the climate emergency (WTO with ODI, EIF)
3 December 2023. The Least Developed Countries (LDCs) account for less than 1% of global exports but almost 15% of global population.
The Sustainable Development Goals included a goal to double their share in world exports by 2020, but this target was not met. Given the urgent need to confront the climate emergency between now and 2030, a number of new green trade measures will shape low-carbon global supply chains; resilience building within supply chains is also determining new trade opportunities. There are many lessons that can be drawn from the Covid-19 experience to ensure gainful LDC participation within green resilient supply chains – this includes ensuring open markets, facilitating technology transfers, and supporting engagement with the private sector. This session will therefore focus on the role of the multilateral trading system in supporting LDCs to engage with the new trade opportunities arising from shift to low carbon supply chains - shifting the dynamics away from a potential “green squeeze” to a “green seize” of new market opportunities for LDCs.
Recording .
Programme