The Trade and Climate Change Nexus

Page 47

Lo w- an d Mi d dle -In com e C o untr ies , C a rbon Em issi ons, and T ra de

implementation methodologies if the potential benefits from land management are to be realized. Countries also need to deepen the implementation of sustainable land management practices embodied in several international conventions, as these provisions can help to attenuate the socioeconomic and environmental impacts of agricultural trade liberalization.

Conclusions Emerging emitters collectively have contributed extremely little to the overall stock of CO2 in the atmosphere, but they have moved to the forefront of the growth of CO2 emissions over the past decade and will likely increasingly do so. These countries are confronting the massive challenges of achieving inclusive economic development, contributing to climate change mitigation, and adapting to rising global temperatures, changing precipitation patterns, and more extreme weather events. To limit global warming to 2°C above preindustrial levels, the world needs to reduce emissions by 25 percent with respect to 2018 levels; emerging emitters have a significant role to play in achieving this level. Although more land is being allocated to agriculture, yields are still very low, ­signaling that current output may have been achievable with less land-use change. The following are some important considerations: • Trade-induced land-use displacement can have positive effects—with global environmental benefits. • Trade policy options are available to influence patterns of consumption and demand—“climate change consciousness.” • Trade measures can promote sustainable agricultural management by facilitating – Access to digital technologies from advanced economies and improved seed varieties – Transfer of knowledge and expertise on improving yields – Access to quality fertilizers that can boost farmer uptake—better regulation, not trade restrictions. • To minimize the adverse impacts of trade liberalization and maximize its positive impacts for sustainable land management, two land degradation issues need to be addressed: expansion of agriculture for export and marginalization of smaller farmers. • The impacts of land-use change are not constrained by borders and thus require regional solutions. • Trade agreements need to use specific, legally binding language in all climaterelated provisions for any change to occur. Removing barriers to trade in the products that can support the move to a lowcarbon future and facilitating knowledge sharing on how to implement the low-carbon transition can significantly support low- and middle-income countries’ efforts to reduce emissions. A global move toward a “low-carbon lifestyle” would entail significant changes in the overall consumption mix and in how products are made. More generally, simultaneously addressing the challenges of ending extreme poverty, achieving

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Notes

2min
page 123

References

2min
pages 124-127

Ethiopia

9min
pages 119-122

Vietnam

8min
pages 115-118

References

5min
pages 111-114

Greening transport: Implications for low-income-country exports

5min
pages 104-105

Gigaton

5min
pages 102-103

Contributions, by Sector and Region

4min
pages 97-98

Carbon Border Adjustments

5min
pages 95-96

The Carbon Border Adjustment Mechanism and low-income-country trade

12min
pages 89-93

References

3min
pages 87-88

Trade in environmental goods

17min
pages 77-83

4.1 GATS Commitments for Environmental Services, by Supply Mode

2min
page 84

References

4min
pages 72-74

Notes

2min
page 71

Trade Restrictions

3min
page 65

Examining agriculture as one of the main trade-related sectors affecting emissions from the developing world

14min
pages 41-46

Extreme weather events and trade

5min
pages 62-63

Selected Countries and Regions, 2019

4min
pages 60-61

1.1 Links between Climate Change and Trade

2min
page 26

The impact of a changing climate on comparative advantages

11min
pages 55-59

Conclusions

1min
page 47

Disaster response and trade restrictions: Implications from a numerical model

2min
page 64

1 Changes in Annual CO2 Emissions and GDP of the 59 Emerging Emitters 2010–18 10

3min
page 24
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