Articles

The agreements of the Paris conference on the control of climate changes and the impact on international trade

Tanya Gorcheva — The D.A. Tsenov Academy of Economics
Published: 01.04.2017

Abstract

Climate change is a challenge to the socio-economic development of all humanity, requiring a global effort to address the issues at stake. Awareness of these ideas underpins the agreements reached at the 21st session of the Conference of the Parties to the United Nations Framework Convention on Climate Change. Alongside the agreed mechanisms and means to comply with binding decisions, governments are using and implementing a rich arsenal of means and mechanisms based on international trade and investment to contribute to substantial greenhouse gas reductions. In this regard, the interplay between the development of environmentally sound business activities based on new technologies and standards, and the operation of trade and investment measures through which solutions are generated within the framework of international trade in goods is explored. A general picture of atmospheric pollution is presented. A retrospective analysis is made, describing the efforts made to curb the negative effects in previous conferences.

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