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Section: General News - Contrary to conventional wisdom, further liberalization of international trade can help combat climate change and support a low carbon economy, according to a joint U.N. Environment Programme (UNEP) and World Trade Organization (WTO) report.
The 'Trade and Climate Change' report stressed that an increase and opening of trade could have a positive impact on greenhouse gases emissions by accelerating the spread of clean technology and providing opportunities for developing economies to adapt those technologies.
With a challenge of this magnitude, multilateral cooperation is crucial and a successful conclusion to the ongoing climate change …