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About the Book Amid juddering geopolitical and economic volatility, the global policy landscape in the interlinked areas of trade and climate change is becoming fragmented. Marked by an increasing shift away from multilateralism towards unilateralism and from rules-based governance towards power-based dynamics, the international trade and climate regimes are marginalizing the development priorities of the Global South. Instead of reactive engagement with this inequitable conjuncture, the developing world can assert its agency in shaping a more just and conducive global order. This paper identifies strategic options for a proactive trade and climate agenda for the countries of the South to pursue development on their own terms. Encompassing domestic resilience-building, regional cooperation and multilateral reform, this strategy aims at mapping a path to development sovereignty, climate justice and global equity. VICENTE PAOLO B. YU III is a Senior Legal Adviser of the Third World Network, Associate Fellow at the Geneva Center for Security Policy, and Honorary Professorial Fellow at the University of Warwick. Contents 1. Introduction 2. A Fractured Global Trade Regime: From Multilateralism to Managed Competition 3. Climate Policy: Between Ambition, Protectionism, and Unequal Burden Sharing A. The Use of Unilateral Climate-Change-Related Trade Measures B. Plurilateral Approaches to Climate Change and Trade-Related Policymaking 4. Multilateral Trade and Climate Governance: Fractured and Slow A. The WTO B. The UNFCCC C. Multilateral Trade and Climate Negotiations: Adjusting to a Multipolar World? 5. Systemic Inequities and Multilateralism A. The Colonial Roots of Current Systemic Inequity in the Trade and Climate Governance Regimes B. Power-Based Unilateralism and Its Pitfalls: Why Multilateralism Remains Important for Developing Countries C. Developing Countries and the Need for Effective Multilateral Reform and Action 6. The New Challenge to the South: Shaping a Proactive Trade and Climate Agenda in Today’s World A. The Need for Strategic Policy Certainty in an Era of Global Geopolitical Volatility and Climate Change Acceleration B. The Need for Developing Strategic Autonomy for the Global South C. Assessing the Risks of Seeking Strategic Autonomy for the Global South D. Towards a Strategic Agenda for the Global South on Trade and Climate 7. Conclusion: Reclaiming the Power to Shape the Future and Meeting the Challenge to the South Endnotes
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