International Trade and Climate Policy

The Environmental and Energy Study Institute (EESI) held a briefing about the nexus of global trade and climate change. International trade is an integral part of the U.S. economy—the United States is the world’s largest importer and second-largest exporter of goods. While trade presents economic opportunities, it also comes at a cost. The global movement of goods via water, air, and land accounts for 20 to 30% of global carbon dioxide emissions. Climate change is also disrupting global supply chains, increasing costs, and damaging vital infrastructure.  This briefing explored multilateral efforts to reduce trade-related greenhouse gas emissions through the lens of the upcoming international climate negotiations (COP30). Panelists discussed climate-related policies being proposed in the United States and abroad, as well as the broader geopolitical trade environment–including tariffs–impacting these efforts. Speakers also described collaborations in the maritime shipping sector, which accounts for 90% of all goods moved. Attendees left with an understanding of the different ways trade is expected to influence COP30 negotiations as well as opportunities for additional international cooperation that could advance, rather than detract from, global climate goals. View the full briefing series at eesi.org/cop30-briefings.