Leidinys

The National Board of Trade Sweden recently published a report entitled Trade and Climate Change – Promoting climate goals with a WTO agreement, which shows that trade policy-makers can do more … to contribute to the promotion of climate goals. Customs administrations, through the World Customs Organization (WCO), have a crucial role to play, writes Emilie Eriksson, legal adviser and co-author of the report.

This article looks at how Singapore Customs strives to bring efficiency in the management of trade operations to lower their impact on the environment as well as at the initiatives it has taken … to support environmental policies.

Good trade-related policy requires good trade data. While it may occasionally be necessary to implement policies and trade measures without a data-driven understanding of the underlying trade, … there is always the risk that doing so could deliver unpredictable results or miss the desired objectives. Good trade data is also essential for monitoring and assessing the implementation of trade policies.

Global trade has experienced intense challenges for the past two years, with supply chains facing unprecedented pressures during the COVID-19 pandemic and more recently with the Russia-Ukraine … war on the European continent.

The WCO is celebrating its 70th anniversary this year and is taking this opportunity to look back at what it has achieved as well as at ways of responding to current challenges. One pressing … issue is how to support the transition to a climate-neutral economy.