Ngozi Okonjo-Iweala says open trade is crucial for decarbonisation
Trade amplifies environmental policy action, argues the head of the World Trade Organisation
LATER THIS month leaders and officials from around the world will gather in Dubai for the COP28 climate-change summit. High on their agenda will be closing the gap between global climate goals and progress towards them. A recent “global stocktake” report from the UN found that global greenhouse-gas emissions are still rising, and that national pledges to cut these collectively fall far short of what is needed to keep average global temperatures within 2°C of pre-industrial levels, as set out in the 2015 Paris agreement, let alone the more ambitious 1.5°C objective.
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