Environment & Climate Change

1 Items

Russian President Vladimir Putin announced the signing of a protocol with the EU backing Russia’s WTO accession in Moscow, May 21, 2004. Putin said Moscow in turn would speed up ratification of the Kyoto protocol.

AP Photo

Analysis & Opinions - Financial Times

Trade Could Hold the Key to a Climate Deal

    Author:
  • Bard Harstad
| December 3, 2009

"Implementing such a linkage is possible. The Montreal Protocol, successfully protecting the ozone layer, is already restricting trade with non-participants and non-compliers, although only in the substances controlled by the treaty. To repeat this success and overcome the obstacles for a climate agreement, signatories should become favoured trading partners while non-compliance should trigger a temporary denial of this status. Disputes can be solved by expanding the mandate of the WTO's dispute settlement body or another mediator."