WTO at the Climate Change COP27

Multilevel Action Pavilion, Blue Zone, COP27

At COP26, Prime Minister Mottley called on “leaders to lead”. One year later, public and private investment is falling far short of what is needed to limit catastrophic global warming - the health, environmental and economic consequences of which will be disproportionally felt by vulnerable populations.

Closing this gap requires a radical redesign of global financial architecture, and a shift away from the dominant narrative that the government role is to de-risk and enable private sector investment. Instead, states must mobilise, direct and shape finance to align with climate and health goals. This panel will reflect on the changes needed in ideas, institutions, and policies to empower states with the fiscal space and tools to lead.

Moderator

• Mariana Mazzucato, Professor, UCL Institute for Innovation and Public Purpose

Keynote

• Mia Amor Mottley, Prime Minister of Barbados

Responses from

• Dr. Ngozi Okonjo-Iweala, Director-General of the WTO
• Nicola Sturgeon, First Minister of Scotland

UK Pavilion, COP27 Blue Zone

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Speakers

• Dr. Ngozi Okonjo-Iweala, Director-General
• H.E. Mia Amor Mottley, Prime Minister of Barbados
• H.E. Catherine Colonna, Minister for Europe and Foreign Affairs of France
• Rt. Hon. Alok Sharma, President of COP26
• H.E. Kristalina Georgieva, Managing Director of IMF

Regional Center for Renewable Energy and Energy Efficiency (RCrEEE) Pavilion, Blue Zone

Description

This session focuses on the key role that international standards can play to develop a green steel industry, whose contribution to carbon reduction is underpinned by a framework of measurement and certification that promotes innovative technology and, together with the WTO, can reduce trade friction. The session will also explore how good practice and standards can be co-developed and transferred to the developing world, capitalizing on UN institutions and capacity building programmes. It will also explore how to leverage green finance to accelerate the transformation and to achieve the Sustainable Development Goals.

Objectives

• Explore challenges and opportunities to advance standards for green steel
• Discuss the implications of these standards on trade and requirements for infrastructure systems in place
• Discuss opportunities for developing countries to integrate into green steel value chains, leveraging green finance and capacity building.
• Explore the role of international cooperation to advance such standards

Opening remarks:

• HE Ebba Busch, Minister for Energy, Business and Industry of Sweden (TBC)
• Jauad ElKharraz, Executive Director of the Regional Center for Renewable Energy and Energy Efficiency

Moderator:

• Scott Steedman, Director – General, Standards, The British Standards Institution (BSI)

Scene setting presentation:

• Åsa Ekdahl, Head, Environment and Climate Change, World Steel Association

Panellists

• Anne van Ysendyck, Vice President, Head of Government Affairs and Environment, ArcelorMittal
• Rana Ghoneim, Chief, Energy Systems and Industrial decarbonization Unit, UNIDO
• Aik Hoe Lim, Director, Trade and Environment Division, WTO
• Annie Heaton, CEO of Responsible Steel
• Martin Pei, EVP and CTO, SSAB
• Xian Dong Liu, Director, BAOSTEEL Europe R&D Center

ICC Pavilion, COP27 Blue Zone

Opening remarks

• Dr. Ngozi Okonjo-Iweala, Director-General

Moderator

• Daniel Esty, Hillhouse Professor, Yale University and author of Green to Gold

Speakers

• Mr. Svein Tore Holsether, CEO, Yara International
• Mrs. Henriette Hallberg Thygesen, CEO of Fleet and Strategic Brands, A.P. Moller-Maersk
• Mrs. Anne van Ysendyck, Vice President, Head of Government Affairs and Environment and Member of Group Management Committee, ArcelorMittal

Closing remarks

• Mr. Jean-Marie Paugam, Deputy Director General, WTO

Africa Pavilion, COP27 Blue Zone

Moderator

• Mr. Jean-Marie Paugam, Deputy Director General, WTO

Speakers

• Mrs. Pamela-Coke-Hamilton, Executive Director, International Trade Centre
• Mr. Kemo Fatty, Executive Director, GreenUp Gambia
• Dr Dhanush Dinesh, Founder of Clim-Eat, bridging science and policy for food and climate
• Mari Elka Pangestu, Managing Director of Development Policy and Partnerships