Legal Options for a Sustainable Energy Trade Agreement
by Matthew Kennedy
The Global Platform on Climate Change, Trade and Sustainable Energy is pleased to share with you a brand new piece of research, “Legal Options for a Sustainable Energy Trade Agreement”. It analyzes the existing legal frameworks within which a possible Sustainable Energy Trade Agreement could be negotiated to address energy-related trade governance and the resulting legal challenges and opportunities. It looks at a number of options under which a SETA could be given legal shape within and outside the WTO and assesses the pros and cons of the various approaches. In addition, it touches on a number of important considerations, such as the negotiating procedures, issues of accession, relationship to existing WTO rules and obligations and dispute settlement. The author also puts forward arguments as to why the WTO would provide the best forum to house such an agreement.
The paper, conceived by the International Centre for Trade and Sustainable Development (ICTSD), is part of a joint initiative on the promotion of sustainable energy, undertaken by the Global Green Growth Institute, the Peterson Institute for International Economics and ICTSD. It is written by Matthew Kennedy of the University of International Business and Economics, Beijing and formerly a senior lawyer in the WTO Secretariat.
We hope that the paper and the idea of sustainable energy-related trade initiatives will provoke debate and stimulate fruitful discussions on how trade-policy can facilitate low carbon growth and provide an enabling framework for scale-up of sustainable energy.
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