Investments WTO (Negotiations, Regular Work, Leadership)

Be More Holistic! – Why the WTO and UNFCCC should work together more closely in the area of financing

This note aims to provide and compare main elements of both Aid for Trade (AfT) under the WTO and climate finance under the UNFCCC with a view to identifying possible commonalities and differences.

Financing capacity-building support for developing and least-developed countries is part of both the multilateral trading system and the international climate regime. However, the WTO and UNFCCC seem to be approaching this from silos. By breaking out of these silos, this important issue can be dealt with more comprehensively and effectively.