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Trade and Investment
Trade can benefit climate action, says this major report
The World Trade Report 2022 finds that although trade can generate greenhouse gas emissions, it can also serve as a force multiplier for climate actions.
Jose-Antonio Monteiro is the Research Economist in the Economics Research and Statistics Division of the World Trade Organization. He is also a Lecturer at Faculty of Economics and Business, University of Neuchâtel.
The World Trade Report 2022 finds that although trade can generate greenhouse gas emissions, it can also serve as a force multiplier for climate actions.
Empirical evidence suggests that trade can explain up to 20-25% of the recent decline in US manufacturing jobs. The remaining 75-80% is explained by other factors, such as technological c...