WTO should attack trade barriers to low-carbon transition: chief

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The WTO should tackle trade barriers for low carbon industries among other measures aimed at addressing the role of global trade in driving climate change, Director-General Ngozi Okonjo-Iweala said in a report published on Monday.

in Egypt says the most realistic way to make deep emissions cuts without reducing living standards in richer countries and harming development prospects in poorer ones is through advancing low-carbon technologies.

One example of how the 164-member WTO might help is by cutting tariffs and other barriers for low-carbon industries which tend to be higher than for carbon-intensive ones, the report said. By the global trade watchdog's own admission, trade has been "part of the problem" in the past - by generating transport emissions and by helping to drive carbon-intensive growth.

 

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