We must strengthen trade cooperation to deliver on global climate goals

Detailed summary

As governments turn to trade-related measures to deliver on their climate targets, cooperation is vital to reduce fragmentation, costs and build more resilient economies The post…

The authors are eight trade ministers and members of the Coalition of Trade Ministers on Climate. The full list of signatories is below the piece.

As governments and stakeholders gather for COP31 in Antalya, the case for making trade work harder for global climate action has never been stronger.

COP31’s focus on moving from commitments to implementation — including by advancing green industrialisation and strengthening resilience — is one we strongly share.

The authors are eight trade ministers and members of the Coalition of Trade Ministers on Climate. The full list of signatories is below the piece.

As governments and stakeholders gather for COP31 in Antalya, the case for making trade work harder for global climate action has never been stronger.

COP31’s focus on moving from commitments to implementation — including by advancing green industrialisation and strengthening resilience — is one we strongly share.

If we are to translate climate ambition into real-economy transformation, international trade must be part of the solution. Done well, trade can help us decarbonise while boosting competitiveness, driving investment and innovation, and building more resilient and diversified economies.

We are acutely aware that no country can achieve its net zero or adaptation goals alone. Nor can we build competitive and resilient economies without sustainable investment and stronger international cooperation.

As COP31 puts existing climate commitments into action, as trade ministers we can make a difference.

Opening of the article, excerpted from Climate Home News. To read the rest, open the article on the publisher's site.