Making the International Trade System Work for the Paris Agreement: Assessing the Options

June 2019
Citation:
49
ELR 10553
Issue
6
Author
Kasturi Das, Harro van Asselt, Susanne Droege, and Michael Mehling

If the Paris Agreement’s 2°C goal is to be achieved, unprecedented efforts across all areas of socioeconomic activity are needed. National climate policy measures with direct or indirect trade implications stand the risk of colliding with the rules and requirements put forward by international trade agreements. Leaving the fate of climate measures to the WTO dispute settlement system is associated with risks and uncertainty, and could lead to a chilling effect on investment in climate mitigation and adaptation. This Article identifies a set of options for improved alignment of the trade and climate regimes, and offers recommendations for policy reform.

Kasturi Das is a Professor of Economics and Sustainability at the Institute of Management Technology in Ghaziabad, DelhiNCR, India. Harro van Asselt is a Professor of Climate Law and Policy at the University of Eastern Finland Law School. Susanne Droege is a Senior Fellow in the Global Issues Research Division at the German Institute for International and Security Affairs in Berlin. Michael Mehling is Deputy Director at the Massachusetts Institute of Technology Center for Energy and Environmental Policy Research, and a Professor of Practice at the University of Strathclyde Law School in Glasgow. 

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