role in forming an initial consensus

Options should be developed to reduce these barriers, including harmonising green product and traceability standards and reducing the cost of trade finance using green finance instruments. A dialogue that considers all these factors will be crucial and larger economies such as China, Indonesia, Australia, Japan and South Korea can play a key role in forming an initial consensus on the economic and climate merit of a green trade initiative within RCEP. A regional green trade arrangement can be an inclusive approach to support a ‘just’ climate transition. It will promote decarbonisation and mutual economic benefits in all member states — via job creation and revenue growth. A multilateral approach will build mutual trust for broader cooperation on climate and trade issues. สล็อต เว็บตรง