Trade and Environment Impacts PDF

TRADE AND ENVIRONMENT ENVIRONMENTAL HTTPS://YOUTU.BE/CDPZ8JPY8BO? SI=NUXWOJMMOB_U7ZD9 INTRODUCTION  Trade and environment are intricately linked, trade can drive economic growth and development it can also lead to significant environmental degradation if not managed  understanding t...

TRADE AND ENVIRONMENT ENVIRONMENTAL HTTPS://YOUTU.BE/CDPZ8JPY8BO? SI=NUXWOJMMOB_U7ZD9 INTRODUCTION  Trade and environment are intricately linked, trade can drive economic growth and development it can also lead to significant environmental degradation if not managed  understanding these impacts are very crucial for policy makers,business and consumer to make informed decision to balance economic benefits with environmental protections DIRECT ENVIRONMENTAL IMPACTS  pollution  Trade related transportation, such as shipping and aviation are major sources of air pollution due to emission of carbon dioxide and carbon monoxide  These green house gases contribute to global warming and air quality deterioration  water pollution can occur from oil spills and discharge of ballast water from ships affecting marine ecosystems RESOURCE DEPLETION  Demand for natural resources increases with tradel leading to over exploitation.  example: forester are cleared for agricultural exports like palm oil and soya beans resulting to deforestation  overfishing driven by international markets can deplete stock ,thretening marine biodiversity  WASTE GENERATION INDIRECT ENVIRONMENTAL IMPACTS  land use change: trade can drive land conversion for agriculture, such as turning forest into farmland for export crops  Biodiversity loss:habitat destruction from activities like logging and mining for export markets threaten species survival  Climate change:trade related activities contributed to green house gas emission throughout supply chain, from production to transportation SUSTAINABLE TRADE PRACTICES  These aim to ensure that economic activities do not compromise environmental integrity or social equity.  PRINCIPLES OF SUSTAINABLE TRADE  Economic value creation: it should ensure fair compesation of producers hence leading to balance in economic growth and environmental protection  Environment preservation: sustainable trade minimizes environmental degradation by adopting practices like sustainable STRATEGIES TO SUSTAINABLE TRADE  Green supply chains: implimenting environmentally friendly practices in supply chain can reduce the environmental impact of trade.  Circular economy: promotes the reuse and recycling of materials, reducing waste and conserving resources.  sustainable certification: for example Forest Stewardship Council (FSC)ensure that products come from sustainably managed INTERNATIONAL ENVIRONMENTAL AGREEMENTS  These are treaties between countries aimed at addressing global environmental issues.  MAJOR INTERNATIONAL ENVIRONMENTAL AGREEMENTS  Kyoto Protocol: agreement aimed to reduce green house gas emission by setting binding targets for industrialized countries.  it encourages adoption of cleaner technologies.  Paris Agreement: focused on limiting global warming to below 2°C above pre industrial CONT  Convention on Biological Diversity (CBD): It aims to conserve biodiversity and ensure sustainable use of natural resources  REGIONAL ENVIRONMENTAL AGREEMENTS  European Union (EU)Green Deal: it aims to make Europe climate neutral by 2050 through strict environmental standards for imports and exports  This influences global trade by setting high sustainability benchmarks  North American Agreement on Environmental cooperation (NAAEC) CHALLENGES AND OPPORTUNITIES  CHALLENGES: Ensuring compliance with agreements is challenging and also balancing economic growth with environmental goal requires policy design and implementation  OPPORTUNITIES  International agreements offer opportunities for global cooperation on environmental issues  They encourage innovation in sustainable technology and practices CONCLUSION  Sustainable trade practices are necessary to mitigatethese impacts while continuing to benefit from global commerce  They are essential for balancing economic growth with environmental preservation through involvement of government and businesses  Global cooperation is essential for achieving goals, requiring commitment from all stakeholders involved QUESTIONS  How do trade policies impact environmental sustainability?  If you understood nothing in this topic don't worry you will get it right on 25th Dec