Aid for Trade in Asia and the Pacific: Navigating Climate Policy Dynamics for Sustainable Trade Competitiveness...

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Asian Development Bank

Aid for Trade in Asia and the Pacific

Navigating Climate Policy Dynamics for Sustainable Trade Competitiveness

Asian Development Bank

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English

Asian Development Bank
25 June 2024

International economics; Infectious & contagious diseases; Alternative & renewable energy sources & technology

Summary
Details

This report emphasizes that open and fair trade is essential for Asia and the Pacific's transition to low-carbon economies and outlines the important role of Aid for Trade in this transition.

With the climate crisis threatening the multilateral trading system and potentially accelerating global trade fragmentation, the report argues that national trade policies and regulations need to be aligned with climate action. This will help overcome barriers in the trade of environmental goods and services, facilitate green technology transfers and adoption, and enable energy-intensive goods to be produced in locations with low-carbon energy potential. The report underscores the importance of developing integrated policy frameworks, mobilizing climate finance, fostering public-private partnerships for sustainable infrastructure, and building capacity to strengthen resilience and trade competitiveness.

By: Asian Development Bank
Imprint: Asian Development Bank
Dimensions: Height: 279mm, Width: 216mm, Spine: 9mm
Weight: 435g
ISBN: 9789292707828
ISBN 10: 9292707825
Pages: 134
Publication Date: 25 June 2024
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active