Trade can benefit climate action, says this major report
The World Trade Report 2022 finds that although trade can generate greenhouse gas emissions, it can also serve as a force multiplier for climate actions.
Jose-Antonio Monteiro is the Research Economist in the Economics Research and Statistics Division of the World Trade Organization. He is also a Lecturer at Faculty of Economics and Business, University of Neuchâtel.
The World Trade Report 2022 finds that although trade can generate greenhouse gas emissions, it can also serve as a force multiplier for climate actions.
Empirical evidence suggests that trade can explain up to 20-25% of the recent decline in US manufacturing jobs. The remaining 75-80% is explained by other factors, such as technological c...