UWI Consulting Inc. Hosts Trade Policy, Climate Change and Environmental Sustainability Workshop

Port-of-Spain, Trinidad and Tobago, September 20, 2013 -  The UWI Consulting Company with support from the World Trade Organization Chair at UWI and in collaboration with the International Centre for Trade and Sustainable Development (Geneva) and the Trinidad and Tobago Coalition of Service Industries hosted the workshop on Trade Policy, Climate Change and Environmental Sustainability on the 19 and 20 September 2013, at the Kapok Hotel, Port of Spain, Trinidad and Tobago.

The workshop looked at both the effects of mitigation and adaptation policies on key economic and trade sectors as well as the ecological effects of climate change. The workshop attracted over fifty participants from the private sector, business support organizations, governmental agencies, regional organizations, academia and the donor community who got the opportunity to analyse and assess the trade and climate change governance scenario, formulate negotiation positions and identify strategic options to inform policy-making.

 

Mr. Nirad Tewarie, CEO of the TTCSI opened the workshop by stating “The region must develop a capacity to respond to the evolving climate change and trade governance context to ensure that new mitigation policies are not used as a barrier to the exports of our goods and services.” The workshop coordinator, Dr. Keith Nurse, Executive Director of UWI Consulting Company and WTO Chair at UWI, also argued that “climate change should not only be viewed as a challenge and that there are significant opportunities for economic and social transformation and environmental renewal that the region could tap into once a proactive and evidence-based approach is adopted.” Mr. Joachim Monkelbaan of ICTSD and joint workshop coordinator stated that the green economy is a major growth pole in an otherwise recession-plagued global economy and that new sustainable jobs are to be had in the renewable energy sector once the regulatory and financing issues are resolved. In this regard, Dr. Vinaye Ancharaz of ICTSD proposed that the Caribbean region utilize Aid for Trade funds to accelerate the adaptation process and boost international trade. Mr. Cletus Springer of the OAS presented on the implications of climate change to the tourism sector and outlined a systematic approach for industry upgrading. Ms. Jodie Keane of the Overseas Development Institute spoke of the strategic importance of marrying the liberalization of environmental goods and services with a strategy for low carbon competitiveness. Edwin Laurent, UNEP Adviser, added that the green economy was critical for building a resilient and diversified economy in the Caribbean region and that the climate change scenario was an important call for action.

UWI Consulting Inc. in conjunction with ICTSD will be developing a publication based upon the workshop presentations.

UWI Consulting Inc. is a subsidiary of the University of the West Indies (UWI) and operates as the gateway to specialized expertise on small state and developing country issues and offers research, strategy and enterprise consulting services to clients in the private and public sectors and to regional and international organizational and commissioning agencies.

More information about UWI Consultancy can be found at www.uwiconsulting.com.

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