Aid for Trade: A Vehicle to Green Trade and Build Climate Resilience
Aid for Trade (Aft) is a mechanism to support developing countries build the capacity and infrastructure needed to benefit from trade opening. It accounts for roughly 30% of Overseas Development Assistance (ODA). Developing countries face the challenge of “double exposure” to economic and environmental risks, such as commodity price volatility, climate change and desertification. This demonstrates the importance of integrative policy-making for development, as enshrined in the Sustainable Development Goals (SDGs). While some AfT programs contain explicit environmental objectives, a coherent framework to mainstream environment into all AfT projects and programs is required to enhance resilience and better enable countries to seize sustainable trade opportunities. This is essential to promote a ‘green’ post-COVID recovery and effectively support sustainable development, in line with countries’ commitments under the SDGs. UNEP is working with its partners, including the WTO, to advance the discussion on mainstreaming environment in AfT and accelerate action on making trade work better for people and the planet.
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| Format: | Policy and Strategy Documents biblioteca |
| Language: | English |
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2020
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| Subjects: | GREEN ECONOMY, RISK ASSESSMENT, TRADE PROMOTION, TRADE LIBERALIZATION, DEVELOPING COUNTRIES, CLIMATE, |
| Online Access: | https://wedocs.unep.org/20.500.11822/32204 |
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