WTO report: Climate change threatens global economy, requires trade solutions

Climate change is a “major threat” to global prosperity and trade can be a “force multiplier” in both adaptation and transition if countries can get their acts together quickly and cooperatively enough, the World Trade Organization said in a new report on Monday. The WTO’s annual World Trade Report , focused this year on “Climate change and international trade,” was released on Monday just after COP27, the 2022 United Nations Climate Change Conference, kicked off on Sunday in Egypt. Tackling...