United Nations Environment Programme

Economics and Trade Branch Second Meeting for the Network of Institutions for Sustainable Development 19 September 2005

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Objectives of the Economics & Trade Programme

Enhance countries’ capacities to adopt a balanced and integrated approach to economic, trade and environmental policies, and maximize the contribution of trade to reducing poverty and achieving sustainable development 2

Main Activities

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Promote integrated policy design and implementation with emphasis on sound environmental management, sustainable trade and poverty reduction

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Strengthen environmental management and implementation of multilateral environmental agreements through the use of economic instruments and subsidy reform

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Promote mutually supportive trade and environment policy

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Promote integrated policy design and implementation

 Continue to promote analytic tools that strengthen integrated assessment and its effectiveness in influencing policy-making  Support countries in the formulation of poverty reduction strategy papers (PRSPs)  Support countries in the implementation of the findings and proposed policy packages resulting from the assessments 4

Promote integrated policy design and implementation

 Initiate an intergovernmental process to develop an international framework for integrated assessment and planning  Mobilize international effort to promote the use of integrated environmental and economic accounting (IEEA) as a more accurate measure for economic development and sustainability  Develop partnerships with Trade Unions, major transnational corporations to promote the incorporation of environmental concerns in their operations - fisheries, agriculture 5

Strengthen environmental management and implementation of MEAs

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Promoting the use of economic instruments for environmental policy

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Promoting the use of economic instruments for MEA implementation

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Promoting subsidy resource management reform and sustainable

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Strengthen environmental management and implementation of MEAs

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Initiate an international process to internalise environmental costs on a sectoral basis - fisheries, agriculture (cotton, rice, wheat), forestry (timber, biodiversity), energy and water

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Initiate in close collaboration with MEAs an international process to encourage the use of economic instruments to achieve MEA objectives

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Promoting mutually supportive trade and environment policies

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Assessments of trade-related policies

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Coherence between MEAs and the WTO

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Environmental goods and services

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Regional trade agreements

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Sustainable agriculture – organic agriculture

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Conservation of biodiversity

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Promoting mutually supportive trade and environment policies

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Advisory Group on Trade and Sustainable

Development

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Trade and Sustainable Development Forum

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Forthcoming Events

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Meetings this week: Network meeting International workshop on Rice Sector Review Meeting: Trade & Poverty projects Integrated Assessment Framework

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Side Event in Hong Kong

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