Mega-Regional Trade Agreements and Decarbonization

Leal-Arcas, Rafael; Faktaufon, Manuliza; Kasak-Gliboff, Hannah; Li, Cindy; Guantai, Lee; Smajic, Ervin

doi:10.1007/978-3-031-14068-6_3

Cited by 1 publication

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“…RTAs are usually motivated by the fragmentation of how multilateral trade rules are made after the establishment of the WTO and the use of FTAs as dependable trade instruments. 104 This fragmentation appears to sometimes weaken the non-discrimination principle, the coherence of the global multilateral trading system, 105 and the single undertaking. 106 Nonetheless, as it were, the WTO rules generally allow space for the RTAs 107 since the latter complements the global trading system of the WTO if the principle of coherence is effectively leveraged.…”

Section: Challengesmentioning

confidence: 99%

Harnessing African Free Trade Area and WTO for Clean Energy Transition

Türkşen

Abukari

2022

Law and Development Review

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In 2018, the African Union adopted the Agreement on the African Continental Free Trade Area (AfCFTA) with the aim of creating a common market for goods and services that would serve over 1.3 billion people in Africa. This is a paradigm shift towards a deeper continental integration in Africa whereby AfCFTA would be one of the biggest multilateral trading areas in the world. Although AfCFTA pursues sustainable development goals that embed reducing carbon dioxide emissions in line with international legal instruments on sustainability which applies to Member States of the WTO too, the legal provisions of AfCFTA and WTO that link trade and CET appear rather weak. This article provides a comparative analysis of AfCFTA and WTO legal frameworks with a focus on relationships, challenges and opportunities that incentivise clean energy transition (CET) as part of their sustainability agenda. The article contributes to the discourse on the interplay between regional trade and global trade laws in relation to climate change and sustainable development. As no previous study has compared the legal dynamics of the WTO and AfCFTA in relation to CET, the article provides a novel contribution to the efforts of unlocking the development potential of AfCFTA while enhancing global and regional multilateral trading systems.

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Section: Challengesmentioning

confidence: 99%