World Bank to collaborate with World Trade Organisation on Climate

The World Trade Organisation, the World Bank Group and the World Economic Forum have announced the launch of “Action on Climate and Trade”. WTO said that the initiative’s objective was to help developing economies, particularly the least-developed countries, utilise trade as a tool to attain their climate change mitigation and adaptation targets. The Trade and Environment Division Director, WTO, Aik Lim, said, “The climate crisis was calling for rapid and effective collective action using every tool in the toolbox. Do you think that the world has made milestones in achieving climate goals ?