232FLYER WTO 20 June 2012 Side Event

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					                    WTO High Level Side Event at Rio+20
       "Multilateral Co-operation Towards Inclusive Green Growth"
                                        20 June 2012, 13.00-14.30
                                   Riocentro (T-2), Rio de Janeiro, Brazil


        While there is no unique prescription to ensure a successful transition to a green economy, a
common and necessary condition to ensure progress is the implementation of coherent national
policy frameworks that contribute to poverty eradication, greater employment opportunities, and a
strong and sustainable economy. Open and predictable trade policies are key ingredients of such a
framework, as are policies that promote green and decent jobs, and policies that create strong
incentives to reduce carbon emissions and pollution, enhance energy and resource efficiency, and
prevent the loss of biodiversity and ecosystem services.

        Accelerating progress towards inclusive green growth requires coherence not only at the
national level, but also at the regional and global levels. The recent food, energy, and financial
crises underscore the ever-growing interdependence and inter-connectedness among countries as
well as the urgent need to step up cooperation efforts that reach beyond national borders. The
purpose of this high-level side event is to explore concrete ways to ensure that multilateral
cooperation plays its full part in supporting countries’ efforts to make progress along the path of
inclusive green growth and sustainable development. Among the questions that will be addressed
during the session are:

      What are some of the framework conditions conducive to enhanced multilateral co-operation
       in support of inclusive green growth and can we think of areas in which multilateral
       cooperation would yield “high returns” in terms of accelerating progress towards sustainable
       development?
      How can multilateral cooperation best help countries with the challenge of recasting their
       national policies to foster inclusive green growth? Is there a role for multilateral cooperation
       to help governments identify certain common principles and objectives that can guide them
       in the search for the “right” policy mix?
      What practical steps could be taken to help improve the mutual supportiveness between
       economic, environmental, and social norms and policies at the global level?


     The side event will be moderated by Ms. Josette Sheeran, Vice Chair of the World
Economic Forum. It will feature interventions by:

      H.E. Meles Zenawi, Prime Minister of the Federal Republic of Ethiopia (tbc)
      Achim Steiner, Executive Director of the United Nations Environment Programme
      Juan Somavia, Director-General of the International Labour Organization
      Han Seung-soo, Board Chair of the Global Green Growth Institute in Korea
      Pascal Lamy, Director-General of the World Trade Organization




            For further information, please contact karsten.steinfatt@wto.org or ludivine.tamiotti@wto.org

				
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