COP20 (08/12/14) – James Bacchus discusses the relationship between the WTO and the UNFFC, underlining the need for negotiators to keep commercial considerations in mind while negotiating the 2015 agreement. He emphasises the important place of carbon markets in any future agreement, particularly stressing the value of finding a way to link carbon markets across the globe.
He argues that businesses need to be involved as constructive participants in tackling climate change and ends by talking about the need for states to use the UNFCCC to send a clear signal regarding their future climate commitments.