Greening global trade is a vital step to achieving sustainable development, and developing countries are well positioned to help catalyze this transition, according to a new report released today by the United Nations Environment Programme (UNEP).
“In today’s increasingly interconnected world, where trillions of dollars worth of goods and services are traded annually, greening global trade still presents challenges but also holds significant opportunities,” said Achim Steiner, UN Under-Secretary General and UNEP Executive Director.
“If we are to reverse the global decline in biodiversity, mitigate the release of greenhouse gases (GHG), halt the degradation of lands and protect our oceans, then it is an imperative that international trade becomes more sustainable and contributes to protecting that ‘natural capital’ of economies in the developing world.”
In the last two decades, trade has continued to expand, creating economic growth and progress towards eradicating poverty in developing countries. At the same time, however…
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