International trade and investment policies play a crucial role in creating the enabling environment for the flows in investment, technology, goods and services required for the energy transition and for other climate change mitigation and adaptation actions.
At COP27 in Sharm El Sheikh, Egypt, the secretariats of UNCTAD and the World Trade Organization (WTO) organized a high-level event with policymakers and the private sector on the role of trade and investment in supporting climate change mitigation and adaptation The discussions among the high level trade-investment-climate muti-stakeholders underscored the need for further policy guidance and encouraged the Secretariats to collaborate on how trade and investment policies could work together to support climate action. This session, organized jointly by the WTO and UNCTAD Secretariats will present a preliminary set of policy pathways to help guide policymakers on options for climate action through trade and investment policies.
Session themes:
- How can trade and investment policies help accelerate the energy transition?
- How can they help increase the resilience of international supply chains to a changing climate?
- What should be done to enhance transparency, dialogue and cooperation on trade- and investment-related climate measures?
- What actions are needed to make national and international policy instruments and institutions fit for purpose with regard to climate action?