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Trade rules and climate change: Africa stands to lose from proposed WTO policy tools

Trade rules and climate change: Africa stands to lose from proposed WTO policy tools

THE World Trade Organisation launched its Trade Policy Tools for Climate Action during the COP28 conference. International economic law expert Olabisi D. Akinkugbe discusses whether the new Trade Policy Tools benefit Africa. OLABISI D. AKINKUGBE, Associate Professor & Viscount Bennett Professor of Law, Dalhousie University What are the WTO’s new Trade Policy Tools? The new tools offer opportunities for countries to mitigate the climate change effect of their trade practices. The tools align with the Paris Agreement, the 2015 legally binding United Nations Treaty on Climate Change. However, the global contribution of African states to climate change remains very low:…
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