TRADE AND CLIMATE CHANGE Policy Considerations for Developing Countries

By Paul Brenton, Vicky Chemutai, Maryla Maliszewska, and Iryna Sikora

Historically, developing countries have contributed marginally to the global climate change problem, and yet today, they are suffering the most adverse consequences. Furthermore, to address mitigation and adaptation to climate change, developing countries must also contribute to collective solutions. How they navigate this transition will be framed by 1) how trade and climate policies are designed or revised, and 2) the extent to which these policies deliver effective, efficient, and equitable outcomes.

To contribute to this debate, this report provides rigorous analysis and proposes tools that can be used to guide policymakers in developing countries on key issues related to trade. Part 1 analyzes climate change and the evolving comparative advantages of developing country trade; Part 2 takes an in-depth look into the design of climaterelated trade policy instruments that support trade in developing countries; Part 3 concludes with a summary of how developing countries, with support from the World Bank and others, can respond to these twin challenges.

October 2023. 300 pages.

Stock no. C212013 (ISBN: 978-1-4648-2013-7). US$54.95