Unleashing the potential of EU's Green Trade Agenda: Integrating development as the missing part of the triangle
The greening of EU's trade policy is progressing at a rapid pace. However, strong critique that has been levied against the EU’s unilateral trade measures (e.g. Carbon Border Adjustment Mechanism, Deforestation-Free Products Regulation) signals that without acknowledging that such measures are affecting and will disproportionately affect some of its most vulnerable trade partners, and taking action to address this, the EU’s green trade agenda will not flourish.
This session will shed light on the potential of more inclusive EU policies in advancing green trade and fostering a more sustainable future. The panellists will discuss ways to better integrate the development dimension into the EU's green trade policy. This panel will centre around recommendations put forward by a recent Europe Jacques Delors report that focus on the importance of shifting the EU's green trade narrative, leveraging regional and multilateral framework, establishing specific trade-environment-development fora, and developing new trade instruments.