EU urged to consider impact of new climate mechanism on developing countries
Although a new European Union (EU) climate initiative unveiled on Wednesday could change global trade patterns to favour countries where production is relatively carbon efficient, its value in mitigating climate change will likely be limited, the UN trade and development agency, UNCTAD, has warned.
Although a new European Union (EU) climate initiative unveiled on Wednesday could change global trade patterns to favour countries where production is relatively carbon efficient, its value in mitigating climate change will likely be limited, the UN trade and development agency, UNCTAD, has warned.