EWC Senior Non-Resident Fellow Michael Plummer and co-authors have written a new ADB brief that will be shared at the 2023 UN Climate Change Conference (COP28) in Dubai, United Arab Emirates.

Publication Summary

As pressure grows on countries in Asia and the Pacific to ramp up climate change mitigation, this brief analyzes the critical role international trade can play in supporting a cost-effective regional transition to net zero.

Underscoring the need to strengthen international cooperation, the brief delves into the complex links between trade and the environment, and quantifies the potential economic impact of a failure to reduce emissions. It recommends countries look to mainstream trade into greenhouse gas reduction targets, devise ways to incentivize trade in environmental goods and services, and roll out carbon pricing strategies to underpin inclusive economic growth and development.

Authors