A side event at the COP27 climate summit in Sharm El-Sheikh, Egypt on 10 November organized by the WTO and other international organizations focused on ways sustainable trade can address the specific challenges of developing and least-developed countries (LDCs) in their transition towards low-carbon economies.
The event “Accelerating the Low-Carbon Transition Through Sustainable and Inclusive Trade,” brought together experts from international organizations working on sustainable trade as well as civil society advocates to explore how the transition to low-carbon economies can be a tool for development and support national efforts to achieve their nationally determined contributions (NDCs). Each party to the UN’s 2015 Paris Agreement, which sets the target of limiting global warming to 1.5°C, is required to establish an NDC action plan and update it every five years.
Published on: Tralac
Publication date: November 11, 2022