Preserving Policy Space for Sustainable Development: The Subsidies Agreement at the WTO - Commentary
The paper upon which this commentary is based addresses the need to preserve the ability of nations to use subsidies in order to correct distortions in the global economy and spur innovation for sustainable development. It shows that the Agreement on Subsidies and Countervailing Measures (SCM) created significant policy space for nations to address technological, poverty and environmental problems—all seminal issues for sustainable development—but that such space no longer exists.
You might also be interested in
At Least Seven BRICS+ Nations Shift EV Support to Buses and Two-Wheelers
New analysis finds that at least seven BRICS+ countries—Brazil, China, Ethiopia, India, Indonesia, Malaysia, and Thailand—are directing electric (EV) support toward two- and three-wheelers, as well as public and shared transport.
Midpoint of the UN Tax Convention Negotiations: Where do talks stand?
The negotiations for a new UN Framework Convention on International Tax Cooperation have hit their halfway point. Here's a look at where things stand, what was on the table this round, and what's coming next.
Canadian Exporters Face New Reporting Costs as Carbon Border Taxes Multiply
The European Union’s carbon border tax will add new compliance costs for Canadian businesses that trade certain products, especially steel and aluminum, to the bloc. The increased costs—linked to differing demands for measuring, reporting, and verifying a product’s greenhouse gas emissions across the growing number of countries adopting border carbon adjustment (BCA) mechanisms—“make it tough for any exporter to those markets,” Aaron Cosbey, senior associate at the International Institute for Sustainable Development (IISD), told The Energy Mix.
Experimental Lakes gets $2M for major facilities upgrade
A one-of-a-kind research station is studying small lakes to inform freshwater science all over the world is getting a new facility with more space for scientists and students. Located between Dryden and Kenora, the International Institute for Sustainable Development’s Experimental Lakes Area allows scientists and students to run experiments on 58 small lakes in the area.