Poor harvests, hunger and rising food prices: climate change threatens food production around the world. The solution to all of this could be free trade, researcher Hermann Lotze-Campen told EurActiv Germany. Hermann Lotze-Campen is chair of the department for Climate Impacts and Vulnerabilities at the Postdam Institute for Climate Impact Research (PIK) and is the co-author of a new study on the influence of climate change on economic losses in agriculture. A new PIK study, which you co-authored, says that even a small increase in average temperature may have consequences on regional crops.
A new economic agreement between SADC and the European Union will soon come into effect, giving agricultural products from the region improved access to the EU. The Department of Trade and Industry (dti) on Thursday said the Southern African Development Community (SADC) Economic Partnership Agreement (EPA) group has submitted the necessary instruments required to bring the agreement into effect. The SADC group is made up of Botswana, Lesotho, Mozambique, Namibia, South Africa and Swaziland.
South Africa is that continent's second largest economy (and until recently the largest) and a top-ranked trade partner in Africa for both exports to and imports from the EU. This infographic, produced in close cooperation between EPRS and GlobalStat, provides key information on South African trade and economic indicators, as well as on its commercial links with the European Union.
On the occasion of the annual European Parliament Fair Trade Breakfast, the EU Trade Commissioner Cecilia Malmström has publically announced today the plan to launch a new Pan-European Fair and Ethical Trade City Award. The Fair Trade movement welcomes this new initiative and commits to support the Commission in making this Award a success. The EC “Trade for All” strategy (October 2015) includes, for the first time, a section on the promotion of Fair and Ethical Trade schemes. The EC referred in this document to the idea of a possible European-wide Fair and Ethical Trade City award, but only as a possibility. 12 months after the “Trade for All” strategy, the EU Trade Commissioner has confirmed and officially made public the new Award today.
Boosting Africa’s intra-regional and international trade requires a good understanding of the African trade finance landscape, including the identification of markets where the need is greatest. This column presents some of the major patterns of the market in Africa using primary survey data from commercial banks. Banks intermediate almost a third of trade activities across the continent, but still reject a significant value of trade finance applications mainly due to weak client creditworthiness and inadequate collateral.