Making global trade more climate-friendly: That’s the goal of the newly formed “Coalition of Trade Ministers on Climate.” EU member states and 26 countries launched the global forum to coincide with the annual meeting of the World Economic Forum in Davos.

Together, they aim to develop trade policy measures to address climate change. “The climate crisis is an unprecedented challenge which requires a global response,” said EU Commission Executive Vice President Valdis Dombrovskis. “Trade can help in finding solutions to achieve mitigation and adaption to climate change, for instance by spreading access to the right technologies and investments“.

The coalition currently consists of more than 50 ministers from 27 countries. These include for example Kenya, New Zealand, Canada, the Maldives, Singapore, Ukraine, Costa Rica and Japan. Membership is open to any country.

Source: European Commission