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All around the world, the growth and liberalization of international trade is
changing the way we live and work. At $6 trillion a year, trade flows and the
rules that govern them are a massive force for economic, environmental and
social change. International trade is becoming an increasingly important driver
of economic development, as it has been expanding at almost twice the pace
of total global economic activity for the past 15 years. A growing number of
developing countries look to trade and investment as a central part of their
strategies for development, and trade considerations are increasingly important
in shaping economic policy in all developed countries, too.
The handbook has been developed to highlight the relationship between environment
and trade. The primary aim is to foster a broader understanding of
these interlinkages to enable governments to develop practical approaches to
integrating these policies. It is possible, but by no means automatic, that trade
and environmental policies should support each other in achieving their objectives.
Close integration of these policies is necessary to maximize the benefits
that trade can bring to increase human welfare and economic development
more sustainably.
The handbook is aimed mainly at those with some knowledge about trade,
environment or development, but not expert on the intersection of the three.
It is also a practical reference tool for policy-makers and practitioners. But the
target audience is not just government policy-makers; the media and public
may also find it useful. The handbook uses clear language and a minimum of
jargon to foster a greater understanding by all elements of civil society.
This handbook should help us understand how trade can affect the environment,
for better and for worse, and how environmental concern can work
through the trading system to foster or frustrate development, in both rich and
poor countries. It is critical to ensure that trade's potential for growth and
development does, in fact, lead to environmentally sustainable development.
Broader understanding and awareness of these linkages will then be the foundation
on which fair and environmentally sustainable policies and trade flows
are built.
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