Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
Bank sees trade liberalization crucial as developing countries cut emissions
+ -
08:35, November 15, 2007

 Related News
 European Parliament discusses extending emissions trading to aviation
 Bush reiterates opposition to mandatory cuts on carbon emissions
 Chinese FM urges developed nations to take lead in reducing emissions after 2012
 Comment  Tell A Friend
 Print Format  Save Article
Liberalization of the global trading system will be a key factor in helping developing countries reduce their greenhouse gas emissions and adapt to climate change, said a report released by the World Bank on Wednesday.

The report, named as International Trade and Climate Change: Economic, Legal, and Institutional Perspectives, described how the trade-environment debate has so far considered little in terms of global-scale environmental problems, climate change, declining biodiversity, the depletion of ocean fisheries, and the over-exploitation of shared resources.

These "public goods" issues, which require international cooperative action, could potentially lead to trade tensions if some countries get a "free ride" on the environmental efforts of others, said the report.

Although there is potential for conflict between trade and the emerging global environmental regime to combat climate change, the report also said that some issues currently on the agenda of the WTO could potentially be harnessed to promote broader global environmental objectives.

For example, a multilateral liberalization of renewable energy sources or an agreement to remove fossil fuel subsidies would equally serve climate change objectives.

"Climate change is a global challenge requiring international collaboration," said Warren Evans, Director of Environment, World Bank. "One area where countries have successfully committed to a long-term multilateral resolution is the liberalization of international trade."

"Integration into the world economy has proven a powerful means for countries to promote economic growth, development, and poverty reduction," he added.

Source: Xinhua



  Your Message:   Most Commented:
Yi readies for Yao with win
Defense minister: Norway not to spread its forces in Afghanistan
Germany commits over 48 mln USD in grants for Cambodia

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90777/90856/6302867.pdf