Green Trade Opportunities in Agriculture and Forestry for the Commonwealth Countries
Synopsis
Transitioning to green trade is a matter of urgency, given the drastic impacts of the climate crisis in several countries across the Commonwealth and world over. These impacts have proved a serious challenge to sustainable development. The climate crisis is reshaping countries’ economic and trade prospects, posing a major threat to human survival, future economic growth, and prosperity, especially for countries with high export concentrations in a range of climate-sensitive sectors, such as agriculture, fisheries, and tourism. If not countered, the crisis is likely to significantly destroy the trading capacity and export competitiveness of least developed countries (LDCs) and of small and vulnerable island countries. Urgent actions and supportive measures on adaptation and mitigation are needed to address the increasing risks and challenges the crisis poses.
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