Climate policy will increasingly affect cross-border investment and the movement of goods and services. To achieve a net-zero transition, trade policy coherence that supports climate action is crucial.
In this white paper, the World Economic Forum and the Boston Consulting Group (BCG) map out four future (fictional) scenarios to highlight the interaction between climate action, global trade and economic growth. The paper aims to stimulate thinking about each scenario’s strategic implications, and the planning and potential actions that will be needed, no matter which future unfolds.