, 8 tweets, 9 min read Read on Twitter
Yesterday 5 countries launched a plan for a new international Agreement on Climate Change, Trade and Sustainability (ACCTS). What is this about?

Brief THREAD on some new global environmental cooperation! iisd.org/blog/time-acct…
Five countries are leading this effort: Costa Rica, Fiji, Iceland, New Zealand, and Norway. Notably, these countries plan to move ahead whether or not a lot of other big countries join them. That isn't how trade deals normally work. Clearly, they see climate action's urgency. 2/
The proposal calls for countries to phase out fossil fuel subsidies. I remember when the G20 called for it a decade ago! Yet we’ve made little progress. See research by @paashamahdavi @chadhazlett @MichaelRoss7.

We must eliminate fossil fuel subsidies!
nature.com/articles/nener…
@paashamahdavi @chadhazlett @MichaelRoss7 Trade has often proven a barrier to environmental policy. When some jurisdictions have passed laws that aim to nurture local clean energy businesses, they have been successfully challenged under the WTO. I write about that in this paper on Ontario. 4/ sciencedirect.com/science/articl…
@paashamahdavi @chadhazlett @MichaelRoss7 How can trade rules increase environmental action? This Agreement aims to lower barriers to environmental goods and services. Another approach, taken in @ewarren's trade plan, is to require countries to act on climate in order to trade with the US. 5/
medium.com/@teamwarren/tr…
@paashamahdavi @chadhazlett @MichaelRoss7 @ewarren Here’s what @ewarren's plan says on climate and trade. 6/
@paashamahdavi @chadhazlett @MichaelRoss7 @ewarren Negotiations for ACCTS will begin in early 2020. We're running out of time to make progress on decarbonization. Great to see countries leading to way on making trade finally start working for the environment! Want to learn more? Follow @RonSteenblik! /FIN
iisd.org/blog/time-acct…
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