International trade has enormous potential to foster or frustrate sustainable development.
By allowing for specialization, trade can increase income and contribute to increased well-being. Openness to investment and trade can bring new environmentally friendly technologies and processes. But trade can also allow powerful global demand to deplete countries' natural resources and create increased pollution, and the benefits of trade are not always well distributed among and within nations. In seeking positive outcomes, IISD focuses on both on national-level trade policies and trade rules agreed at the World Trade Organization and in regional agreements.
A New Year of Subsidy Reform
2016 begins with two historic global achievements in place to reform subsidies that harm the poor and damage the environment.Read More
TTIP and Climate Change: Low economic benefits, real climate risks
The Transatlantic Trade and Investment Partnership (TTIP)—a trade and investment agreement under negotiation between the European Union and United States—can increase emissions and restrict the ability of nations to adequately mitigate and adapt to climate change.Read More
Chapter: Trade and Sustainable Development from Redesigning Canadian Trade Policies for New Global Realities
Sustainable development is one of the most difficult policy challenges of our time. It is also closely linked to the global trading system. In this chapter from IRPP's Redesigning Canadian Trade Policies for New Global Realities, IISD President Scott Vaughan describes how environmental concerns have become part of international trade policy over the past two decades, and discusses some of the implications for Canada.Read More