International Trade Working Paper

The International Trade Working Paper series promptly documents and disseminates reviews, analytical work and think-pieces to facilitate the exchange of ideas and to stimulate debates and discussions on issues that are of interest to developing countries in general and Commonwealth members in particular. The issues considered in the papers may be evolving in nature, leading to further work and refinement at a later stage.


The Trade Implications of the Paris COP21 Agreement

This paper asks what implications the agreement to address the challenges of climate change from the 21st Conference of the Parties (COP21) might have for trade and investment policy in Commonwealth member countries. Whilst trade and investment are not directly mentioned in the Agreement, there are important elements of the trade agenda that should be pursued to take advantage of the opportunities presented by the coming green transition, as well as to protect against the downsides of unilateral climate action. The paper also asks more broadly how Commonwealth governments might support a mutually reinforcing relationship between trade and environmental regimes.


Keywords: trade and investment policy, climate change, Commonwealth, Paris Agreement, COP21
JEL: F18: International Economics / Trade / Trade and Environment; Q54: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Environmental Economics / Climate; Natural Disasters and Their Management; Global Warming; Q2: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Renewable Resources and Conservation; F13: International Economics / Trade / Trade Policy; International Trade Organizations
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