Letter from the International Trade Centre

Article excerpt

Climate change is the major, overriding global issue of our time and the single greatest challenge we face. It is a growing crisis with not only environmental concerns but economic, health and safety, food production, security and, of course, trade dimensions. However, a proactive approach to addressing climate change can also open opportunities in new markets and create new business prospects in developing countries. As many businesses are discovering, environmentally sustainable trade is good both for the planet and for business, too.

As world business and political leaders work towards a post-2012 global climate agreement, the impact of climate change is already a daily challenge m many parts of the world.

In this issue of Trade Forum we explore the challenges posed by climate change and the business opportunities that exist for entrepreneurial vision and innovation in tackling them. The success stories of businesses that implement renewable energy practices and new technologies and reduce C02 emissions, while creating jobs and realizing cost-savings, offer inspiration for us all.

Across the developing world, new initiatives for reducing carbon emissions, combined with the increased potential for South-South trade in environmental goods and services, are paving the way for economic growth. …