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Thursday, 03 November 2011

Green Economy generates trade concerns in run-up to Rio+20

Participants in recent regional meetings paving the way for the Rio+20 Conference next June have struggled to find agreement on the concept of a ‘green economy.’ While some see a redefinition of the economy in green terms as a path towards sustainable development, others fear the concept is synonymous with green trade protectionism and conditionalities - to the point where participants at one regional meeting chose not to mention the green economy in their meeting conclusions.

The past six weeks have seen four of the Regional Preparatory meetings for the United Nations Conference on Sustainable Development (UNCSD), or Rio+20, which is taking place next year in Rio de Janeiro on 4-6 June 2012. The Rio+20 Conference marks the twentieth anniversary of the 1992 United Nations Conference on Environment and Development.

Source: International Centre for Trade and Sustainable Development (ICTSD)