International Centre for Trade and Sustainable Development
International Environment House 2 Chemin de Balexert 7-9 1219 Châtelaine Geneva Switzerland
Phone: +41 22 917 84 92 Fax: +41 22 917 80 93 Email: firstname.lastname@example.org
The world has come together in an unprecedented effort to tackle global warming.
Following the historic adoption of the Paris Climate Agreement in December 2015, governments embarked on a ratification race which lead to the deal’s entry into force in November 2016. The speed of this process shows the world’s commitment to tackle the tremendous environmental, economic and social risks climate change poses, including for sustainable growth and development.
Countries must now put their words into action by following up with ambitious climate measures and they must do so immediately. According to the Intergovernmental Panel on Climate Change, the window of opportunity to act is shrinking, with global emissions having to drop by 40 to 70 percent between 2010 and 2050 and falling to zero or below by 2100 to have a good chance of staying below 2°C.
Successfully responding to this challenge will require supportive policies across many areas. Trade frameworks and policies that help drive the transition to a low-carbon economy will be crucial in this regard. Measures to achieve this range from trade liberalisation for climate-friendly goods and services to phasing out inefficient fossil fuel subsidies or providing space for climate-friendly subsidies.
At the same time, it is important to address countries’ concerns about how climate measures, including those implemented by others, may impact their economies and the competitiveness of their industry. Such considerations are likely to intensify under the decentralised nature of the new climate regime where each country determines its own level and type of climate contributions, expressed through nationally determined contributions (NDCs). In this context, climate measures are also expected to increasingly probe the limits of trade rules. If such concerns are not adequately dealt with, they risk undermining climate goals.
In light of the new climate architecture and the need to significantly scale up action, it is important to take a fresh look at the climate-trade interface. The dialogue will therefore explore key interactions between trade and the implementation of the Paris Agreement to inform more coherent policy-making where the potential for trade to positively contribute to the climate action effort is realised, while ensuring that climate measures do not unnecessarily distort trade but rather promote an open economic system that contributes to sustainable, equitable and inclusive development.
Global Rules for Mutually Supportive and Reinforcing Trade and Climate RegimesCarbon Market Clubs under the Paris Climate Regime: Climate and Trade Policy ConsiderationsClimate Change and Clean Energy in the 2030 Agenda: What Role for the Trade System?The Relevance of the Environmental Goods Agreement in Advancing the Paris Agreement Goals and SDGs: A Focus on Clean Energy and Costa Rica’s ExperienceBridges Special Update #3 | At Marrakech Climate Talks, Universal Pledge to Ramp Up "Irreversible" MomentumBridges Special Update #2 | UN Climate Negotiators Press On, As Questions Loom for Incoming Trump AdministrationBridges Special Update #1 | As Paris Agreement Goes Live, Focus Shifts to Implementation
The Paris Agreement officially entered into force on 4 November 2016 and aims to pursue "efforts to limit the temperature increase to 1.5°C above pre-industrial levels."
The IPCC is responding to this temperature goal by starting work on a Special report on "Global warming of 1.5°C", to be finished by 2018.
But what policy implications does the 1.5°C target have globally and for the EU’s roadmap for moving to a low carbon economy in 2050? This roundtable will focus on two aspects of the IPCC Special report: mitigation pathways compatible with 1.5°C and the strengthening and implementation of the global response to climate change.
The EU’s winter packagecontains a Commission proposal on governance of the Energy Unionforthe 2020-2030 period and beyond.
Governance of the Energy Union is a critical aspect of the future outlook on how environmental sustainability can be reached without losing track of social and economic sustainability. Therefore, the winter package is crucial to ensure a coherent and comprehensive approach towards the EU’s longer-term climate and energy targets.
During this meeting, participants will discuss this proposal and wider governance issues in this field within the EU. We will also discuss the findings of a new CERRE (Centre on Regulation in Europe) report on the governance of climate change.
Just weeks ago there was no international agreement on limiting emissions from the aviation sector.
The Kyoto Protocol states that developed countries should pursue reductions of emissions from the international aviation and maritime sectors through the International Civil Aviation Organization (ICAO) and the International Maritime Organization (IMO) respectively, but until now there have been no binding targets for these sectors.
Emissions from flights within, to and from the EU were included in the EU ETS in Phase 3. After substantial international discussions, the EU decided to “stop the clock” on applying the provision to international flights coming to and leaving the EU in order to give ICAO time to develop a global scheme to tackle GHG emissions from the aviation sector.
At ICAO’s 2013 General Assembly, countries set a “global aspirational goal” of ensuring “carbon neutral growth” for the aviation sector after 2020. In order to achieve this goal, work has progressed within ICAO on a global market-based mechanism.
This October, an international agreement for the aviation sector was agreed in Montreal, Canada. The agreement seeks to ensure that the aviation sector becomes carbon neutral after 2020 and halves net emissions by 2050 compared to 2005. Aviation accounts for two percent of global GHG emissions, but this is expected to double by 2030 without policy intervention.