Strengthening WTO and the Global Trade System for Sustainable Development. Policy paper for G20

van Jaarsveld, A., Rovenskaya, E. ORCID: https://orcid.org/0000-0002-2761-3443, & Sachs, J. (2023). Strengthening WTO and the Global Trade System for Sustainable Development. Policy paper for G20. IIASA Report. Laxenburg: IIASA

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Abstract

The dynamics of the global trade system is a key influencer in the transition to a sustainable future for humanity. This policy paper emerged from a consultation process with a panel of renowned experts. They focused on how the World Trade Organization (WTO) could be strengthened to provide a global trade system supportive of the sustainability agenda. It is recognized that the WTO was conceived in a different world from the one we live in today, geopolitically and ideologically. This policy paper raises several key recommendations that, in the view of the expert panel, could be implemented in the short term and would achieve a substantial impact to expand the mandate and influence of the WTO, within the broader context of improving global governance to address global societal challenges.

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