Will the teeth of trade rules swallow the Paris climate deal?

Earlier this week, the European Parliament approved the Paris climate agreement, joining more than 60 other countries in signing the deal and paving the way for this historic global effort to enter into force. While the Paris deal is truly a major step forward, countries will have to overcome a series of hurdles created by trade agreements to reach their climate goals.

A 21st Century Ambition for International Trade

The World Trade Organization (WTO) turned 20 this year—it is young in the world of multilateral agencies (by way of comparison, the UN turned 70) but it is no longer new. There is now a sizeable group of people working on trade who do not remember a time before the WTO. It has become the default trade institution—the organization everyone thinks of when they think about global trade.