LOADING

Type to search

EU Launches the ‘Coalition of Trade Ministers on Climate’

EU Launches the ‘Coalition of Trade Ministers on Climate’

The European Commission, EU Member States, and 26 partners countries will launch “The Coalition of Trade Ministers on Climate”, the first Ministerial-level global forum dedicated to trade and climate and sustainable development issues. The Coalition will foster global action to promote trade policies that can help address climate change through local and global initiatives.

The Coalition aims to build partnerships between trade and climate communities to identify the ways in which trade policy can contribute to addressing climate change. It will promote trade and investment in goods, services and technologies that help mitigate and adapt to climate change.

A prominent element of the Coalition’s agenda is to identify ways in which trade policies can support the most vulnerable developing and least developed countries that face the greatest risks from climate change.

See related article: MSCI and the London Stock Exchange Reject EU ESG Regulation Proposals

This high-level political dialogue will see the participation of Trade Ministers from different regions and income levels. Civil society, business, international organisations and climate and finance communities will participate in the Coalition’s work.

The Coalition is open to all interested countries, and so far consists of more than 50 ministers from 27 jurisdictions. The four co-leads are Ecuador, the EU, Kenya, and New Zealand. The other participants are: Angola, Australia, Barbados, Cabo Verde, Canada, Colombia, Costa Rica, Iceland, Gambia, Japan (Foreign Affairs & Trade), Republic of Korea, Maldives, Mozambique, Norway, Philippines, Rwanda, Zambia, Singapore, Switzerland, Ukraine, United Kingdom, United States and Vanuatu.

The Coalition will provide political guidance and identify trade-related strategies to adapt to changing climate conditions and extreme weather, for instance through the production, diffusion, accessibility and uptake of climate-friendly technologies. It will focus on finding trade-related solutions to the climate crisis in line with the United Nations Framework Convention on Climate Change (UNFCCC), the Paris Agreement, and the Sustainable Development Goals, whilst supporting ongoing efforts in this area in the World Trade Organization (WTO).

Topics

Related Articles

Leave a Comment

Your email address will not be published. Required fields are marked *

LOADING

Type to search

Blog

GRI, CDP Align Climate and Energy Reporting to Strengthen Global Disclosure Consistency
Microsoft Expands Carbon Removal Partnership with UNDO, Backed by Inlandsis Fund
PRI Appoints Cambria Allen-Ratzlaff Interim CEO
Anthesis Appoints Michael Salvatico to Lead Climate and Nature Strategy in Asia Pacific
Tokyo to Issue World’s First Certified Climate Resilience Bond
IATA Launches Global Integrated Sustainability Program for Airlines
Mars Launches Climate School to Embed Net Zero Literacy Across Global Workforce
EcoVadis Launches Worker Voice Connect for Global Supply Chains
UK Clean Energy Jobs Plan to Create 400,000 New Roles by 2030
Global Companies Launch Carbon Measures to Create Standard Framework for Carbon Accounting
Federal Reserve, FDIC Withdraw Climate Risk Rules for Large Banks
Huawei and GoldenPeaks Capital Partner on 500MWh Grid-Forming Battery Projects in Europe
JPMorgan Chase, Carbon Direct Launch Framework to Link Biodiversity with Carbon Markets
Malaysia’s Rubber Industry Moves to Implement Net Zero Transition Framework
Federal Reserve, FDIC Withdraw Climate Risk Rules for Large Banks
EQT's Arcwood Environmental Appoints Carol Roos as Chief Communications and Sustainability Officer
Indonesia Resumes International Carbon Trade Under New Transparency Decree
Malaysian Pension Fund KWAP Launches $475M Climate Investment Fund to Accelerate Low-Carbon Transition
SHS Group Secures $1.8B Financing for Power4Steel, Advancing Germany’s Green Steel Transition
Greenly Launches AI-Powered EcoPilot for Corporate Carbon Accounting, Scope 3 Decarbonization
","session_id":"ep-sess-1761847392-y7UgIhwZ","page_url":"https:\/\/esgnews.com\/eu-launches-the-coalition-of-trade-ministers-on-climate\/","post_id":"17895","tracking_enabled":"1","original_referrer":"","has_embedded_content":""}; /* ]]> */