Dialogue

06 May 2024

Green Subsidies, Trade, and Sustainable Development: Priorities for Enhanced International Cooperation on Financing Sustainability

This roundtable aims to provide an opportunity for reflection on recent policy developments in regard to trade and green subsidies, sustainable development considerations, and priorities and opportunities for international cooperation on financing sustainability.

Agenda

13:00 - 13:05 Welcome

Carolyn Deere Birkbeck, TESS

13:05 - 13:15 Opening Remarks

State of play on financing sustainability: Private sector perspective on challenges, opportunities and priorities for cooperation

Marie-Laure Schaufelberger, Vice-Chair, Building Bridges and President of Sustainable Finance Geneva (SFG)

13.15- 13.45 Discussion Starters (5 minutes each)

David Kleimann, Overseas Development Institute

Daniel Esty, Yale Law School and Elena Cima, University of Geneva

Mark Wu, Harvard University

Nicolas Lockhart, Sidley Austin

13:45 – 14:55 Open discussion

Questions for discussion among participants:

  • What is the role of green subsidies in addressing the triple environmental crises?
  • What are the key challenges and opportunities associated with growing use of green subsidies in advanced and emerging economies?
  • Are current trade disciplines providing the right balance between the environmental benefits that may result from green subsidies and the potential negative economic externalities for third countries? If not, how could a balance be better achieved?
  • What are the priorities & prospects for enhanced international cooperation on subsidies and how does this connect to wider cooperation on trade, climate and sustainable development, and financing sustainability?

14:55 – 15:00 Concluding remarks