Books
World Trade Report 2025
How trade and AI can contribute to inclusive growth
Artificial intelligence (AI) has the potential to lead to a new era of growth. By transforming how goods and services are produced, exchanged and consumed, AI can bring about substantial changes in the global economy. Yet the future trajectory of AI remains uncertain, raising critical questions about trade and inclusive growth. The World Trade Report 2025 explores the complex and fast-evolving relationship between AI and international trade and how this relationship can shape inclusive growth. AI offers new opportunities to reduce trade costs, boost productivity and expand access to global markets. In addition, trade can help to render AI more accessible by spreading knowledge, fostering innovation and promoting participation in AI value chains. However, unequal access across the world to digital infrastructure, appropriate skills and capabilities could increase the digital divide. Also, the impact of AI on the labour market presents additional challenges. Whether AI-enabled trade translates into broad-based, inclusive growth will depend on the design and implementation of trade and trade-related policies. WTO rules on trade in goods, services, data, intellectual property and public procurement can shape the availability, affordability and diffusion of AI. Complementary policies regulating competition, data infrastructure, energy, education and government support can also help to determine whether and how economies benefit from AI-enabled trade. The WTO can play a central role in ensuring that AI supports more inclusive trade-led growth by administering WTO rules, by fostering dialogue, transparency and capacity-building, and by deepening collaboration on AI and digital trade with other international organizations.
World Tariff Profiles 2023
World Tariff Profiles 2023 provides comprehensive information on the tariffs and non-tariff measures imposed by over 170 countries and customs territories. The publication starts with a breakdown of the tariffs imposed by these economies. Tariff data are presented in comparative tables and in one-page profiles for each economy. A summary table on selected indicators on the imports and exports profile for these economies is also presented. Statistics on non tariff measures by country and by product group complement the data on tariffs. Under the special topics part, there are two technical papers. The first one analyses the evolution of market access over 16 years of World Tariff Profiles and the second one focuses on Product classification for WTO trade statistics and policy analysis - Multilateral Trade Negotiations (MTN) Categories. The publication is jointly prepared by the World Trade Organization, the United Nations Conference on Trade and Development (UNCTAD) and the International Trade Centre (ITC).
Global Value Chain Development Report 2023
Resilient and Sustainable Global Value Chains in Turbulent Times
The Global Value Chain Development Report 2023, the fourth in this biennial series, is released at a critical juncture in the evolution of Global Value Chains (GVCs). In response to the diverse shocks of recent years, this report explores approaches to build resilient and sustainable GVCs. It provides an overview of the most recent trends in GVCs, assesses the effects of the trade tensions and the COVID-19 pandemic on GVCs, and illustrates particular changes of energy and semiconductor supply chains. It also analyzes the challenges of climate change to GVCs and proposes a framework of greening value chains and policy options for enhancing inclusive development through GVC participation.
WTO in Brief
2023
In brief, the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
Trade Policy Tools for Climate Action
Trade Policy Tools for Climate Action, a publication by the WTO Secretariat, looks into the trade policies that governments could consider as part of their strategies for climate change mitigation and adaptation. The publication covers ten policy areas where governments have introduced measures to support the transition to a low-carbon economy, improve the flow of climate-friendly goods and services, decarbonize supply chains, and build resilience to extreme weather events and climate change. Launched at COP28, the publication is intended to shed light on how trade policy actions for climate could accelerate the transition to a climate-friendly global economy as part of the WTO Secretariat’s efforts to encourage the full use of the power of trade to deliver on collective sustainable development objectives, including those in relation to the climate crisis.
Digital Trade for Development
This report explores the opportunities and challenges for developing economies arising from digital trade and discusses the role of international cooperation in tackling these opportunities and challenges. The report considers policy actions in the areas of digital infrastructure, skills, international support for capacity development, and the regulatory and policy environment. Specific policy issues include the WTO e-commerce moratorium, regulation of cross-border data flows, competition policies, and consumer protection.
International Trade and Green Hydrogen
Supporting the global transition to a low-carbon economy
Hydrogen produced exclusively from renewable power – known as green hydrogen – is widely recognised as a key pillar in replacing fossil fuels and decarbonizing sectors that cannot easily be electrified, such as some industrial processes, shipping and aviation. This publication – jointly produced by the International Renewable Energy Agency (IRENA) and the World Trade Organization (WTO) – explores how trade policies can support the development of green hydrogen markets. The publication highlights in particular how lowering tariffs on key products, building reliable infrastructure, realigning domestic support programmes and developing green government procurement can foster the development of green hydrogen supply chains and the transition to a low-carbon economy. International trade could also play a significant role in matching supply and demand for green hydrogen, as the potential for domestic production in some economies might not be enough to satisfy domestic demand. The publication also addresses the challenges and opportunities for developing economies offered by green hydrogen and its derivatives, such as green methanol and green ammonia. It underscores the importance of international cooperation and the need to align regulatory frameworks to encourage technology development, enhanced transparency and market growth.
Trade finance in the Mekong region
A study of Cambodia, the Lao People’s Democratic Republic and Viet Nam
Cambodia, the Lao People’s Democratic Republic and Viet Nam – the so-called Mekong-3 - have experienced rapid trade growth over the last ten years. However, growth could be boosted even further by improving access to trade finance, such as loans and guarantees, for locally owned businesses seeking to trade globally. This publication presents the results of two surveys undertaken by the IFC to determine the level of trade finance available to businesses in the Mekong region. An analysis of the data conducted by the WTO explores the potential impact of an expansion in trade finance and how this could lead to greater integration into world trade and more inclusiveness, with increased participation in global supply chains by small businesses and women-owned enterprises. The publication is intended to serve as a guide to how domestic financial sectors can reorient their operations to support cross-border trade and enhanced access to global markets.
Trade Policy Review: Seychelles 2022
“Trade Policy Reviews" analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - "key trade facts" - provides a visual overview of the WTO member's major exports/imports, main export destinations, origins for its imports and other key data. This edition looks into the trade practices of Seychelles.
Rapport annuel 2023
Le Rapport Annuel 2023 couvre les activités menées par l’OMC en 2022 et au début de 2023. Le rapport débute par un message de la Directrice générale Ngozi Okonjo-Iweala dans lequel elle livre ses réflexions sur les enjeux actuels du commerce mondial et le rôle joué par l’OMC pour aider le monde à y faire face.
Informe anual 2023
El Informe anual 2023 informe abarca las actividades realizadas por la OMC en 2022 y principios de 2023. Al principio del informe, la Directora General Ngozi Okonjo-Iweala reflexiona sobre los retos actuales a los que se enfrenta el comercio mundial (a junio de 2023) y la función de la OMC para ayudar al mundo a afrontarlos.
Conferencias ministeriales de la OMC
Resultados fundamentales - Segunda edicion
Conferencias Ministeriales de la OMC: resultados fundamentales segunda edición contiene todos los resultados fundamentales de las Conferencias Ministeriales de la Organización Mundial del Comercio (OMC) desde el establecimiento de la Organización en 1995. Esos resultados fundamentales, que abarcan 12 Conferencias Ministeriales celebradas entre 1996 y 2022, incluyen Decisiones y Declaraciones Ministeriales, así como declaraciones de los Presidentes. En esta publicación se reproducen también los resultados ministeriales pertinentes de la Ronda Uruguay adoptados en relación con el establecimiento de la OMC. La presente publicación complementa Los Acuerdos de la OMC, título publicado recientemente por Cambridge University Press y la OMC, que contiene el Acuerdo de Marrakech por el que se establece la OMC y sus Anexos.
Trade Profiles 2023
Trade Profiles 2023 provides a series of key indicators on trade in goods and services for 197 economies. For merchandise trade, major exports and imports are listed for both agricultural and non-agricultural products as well as major origins and destinations for total merchandise trade. For trade in services, a detailed breakdown is provided for transport, travel and other commercial services. Statistics on intellectual property are also provided. The information is available for all WTO members and observers and for other selected economies. For each economy, the data is presented in a handy two page format, providing a concise overview of global trade. The publication is an invaluable reference tool for anyone looking for essential trade statistics.
Perfiles comerciales 2023
La publicación Perfiles comerciales 2023 presenta una serie de indicadores clave sobre el comercio de mercancías y de servicios de 197 economías. En el caso del comercio de mercancías, se indican las principales exportaciones e importaciones de productos agropecuarios y productos no agrícolas, así como los principales orígenes y destinos de esos productos. En el caso del comercio de servicios se hace un desglose detallado por servicios de transporte, viajes y otros servicios comerciales. La publicación contiene asimismo estadísticas sobre propiedad intelectual. Se ofrece información respecto de todos los Miembros y observadores de la OMC y de otras economías. Los datos de cada economía se presentan en un práctico formato de dos páginas, lo que proporciona un panorama sucinto del comercio mundial. La publicación es un instrumento de referencia imprescindible para todo aquel que necesite consultar estadísticas comerciales básicas.
Profils commerciaux 2023
Les Profils commerciaux 2023 fournissent une série d’indicateurs clés sur le commerce des marchandises et des services de 197 économies. Concernant le commerce des marchandises, les principales exportations et importations de produits agricoles et non agricoles sont répertoriées avec les principales origines et destinations de ces produits. Concernant le commerce des services, une ventilation détaillée est donnée pour les services de transport, les services relatifs aux voyages et d’autres services commerciaux. La publication contient également des statistiques sur la propriété intellectuelle. Les informations sont disponibles pour tous les Membres de l’OMC et les observateurs et pour certaines autres économies. Par souci de commodité, les données pour chaque économie sont présentées sur deux pages, ce qui permet d’avoir un aperçu rapide du commerce mondial. La publication est un précieux outil de référence pour tous ceux qui ont besoin de statistiques commerciales de base.
WTO Ministerial Conferences
Key Outcomes - Second Edition
WTO Ministerial Conferences: Key Outcomes contains all the key outcomes from WTO Ministerial Conferences since the organization was established in 1995. Covering twelve Ministerial Conferences held between 1996 and 2022, the key outcomes include Ministerial Decisions and Declarations as well as Chairpersons’ statements. This publication also reproduces relevant Ministerial outcomes of the Uruguay Round adopted in connection with the establishment of the WTO. This publication complements The WTO Agreements, published by Cambridge University Press and the WTO, which contains the Marrakesh Agreement Establishing the WTO and its Annexes.
Conférences ministérielles de l’OMC
Principaux résultats - Deuxième édition
Conférences ministérielles de l’OMC : principaux résultats Deuxième édition contient tous les principaux résultats des Conférences ministérielles de l’Organisation mondiale du commerce (OMC) depuis la création de celle-ci, en 1995. Couvrant douze Conférences ministérielles tenues entre 1996 et 2022, les principaux résultats incluent les décisions et déclarations ministérielles, ainsi que les déclarations des Président(e)s. La présente publication reproduit également les résultats ministériels pertinents du Cycle d’Uruguay adoptés en relation avec l’établissement de l’OMC. La présente publication complète Les Accords de l’OMC, ouvrage publié par Cambridge University Press et l’OMC, qui contient l’Accord de Marrakech instituant l’OMC et ses Annexes.
Trade policy in a pandemic
An integrated approach
The COVID-19 pandemic highlighted the integral role of international trade in responding to the global health crisis. All communities depended to some extent on trade for medical products, related services and vaccines. In particular, the pandemic accentuated the mutual benefit from the core principles of the multilateral trading system, especially the benefits of open and well-functioning international production and supply chains, and non-discriminatory measures. This publication looks into the WTO’s response to the pandemic in terms of four key areas: monitoring the flow of goods related to COVID-19, working towards a coordinated and effective international response to the pandemic, conducting policy and statistical analysis with other intergovernmental organizations, and analysing the lessons learned from the pandemic to shape a blueprint for future international cooperation. The publication examines how WTO members negotiated a framework to guide and consolidate the WTO’s response to the pandemic, to enhance the flow of practical knowledge, and to help render the multilateral trading system better prepared for future crises. Negotiations resulted in the Ministerial Declaration on the WTO Response to the COVID-19 Pandemic and Preparedness for Future Pandemics adopted at the 12th Ministerial Conference in June 2022. The importance of this work was confirmed in the Ministerial Declaration issued in March 2024 at MC13, which encouraged relevant WTO bodies to continue their work on reviewing the lessons learned from the pandemic and on building effective solutions in case of future pandemics.
Trade Policy Review: Guatemala 2025
The fourth review of the trade policies and practices of Guatemala takes place on 12 and 14 November 2025. The basis for the review is a report by the WTO Secretariat and a report by the Government of Guatemala.
Trade Policy Review: Iceland 2024
The sixth review of the trade policies and practices of Iceland takes place on 12 and 14 June 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of Iceland.
Trade Policy Review: Maldives 2024
The fourth review of the trade policies and practices of the Maldives takes place on 23 and 25 October 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of the Maldives.
Trade Policy Review: Morocco 2024
The sixth review of the trade policies and practices of Morocco takes place on 22 and 24 April 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of Morocco.
Trade Policy Review: China 2024
The ninth review of the trade policies and practices of China takes place on 17 and 19 July 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of China.
Trade Policy Review: Canada 2024
The twelfth review of the trade policies and practices of Canada takes place on 19 and 21 June 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of Canada.
Trade Policy Review: Jamaica 2024
The fifth review of the trade policies and practices of Jamaica takes place on 10 and 12 July 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of Jamaica.
Trade Policy Review: Brunei Darussalam 2024
The fourth review of the trade policies and practices of Brunei Darussalam takes place on 27 and 29 November 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of Brunei Darussalam.
Trade Policy Review: Kazakhstan 2024
The first review of the trade policies and practices of Kazakhstan takes place on 25 and 27 September 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of Kazakhstan.
Trade Policy Review: Angola 2024
“Trade Policy Reviews” analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - “key trade facts” - provides a visual overview of the WTO member’s major exports/imports, main export destinations, origins for its imports and other key data. This edition looks into the trade practices of Angola.
Trade Policy Review: Solomon Islands 2024
The fourth review of the trade policies and practices of the Solomon Islands takes place on 11 and 13 December 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of the Solomon Islands.
Trade Policy Review: Malawi 2024
The fourth review of the trade policies and practices of Malawi takes place on 9 and 11 October 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of Malawi.
Trade Policy Review: Nepal 2025
The Third review of the trade policies and practices of Nepal takes place on 17 and 19 November 2025. The basis for the review is a report by the WTO Secretariat and a report by the Government of Nepal.
Trade Policy Review: Tunisia 2025
The fourth review of the trade policies and practices of Tunisia takes place on 25 and 27 November 2025. The basis for the review is a report by the WTO Secretariat and a report by the Government of Tunisia.
Trade Policy Review: Thailand 2025
The ninth review of the trade policies and practices of Thailand takes place on 1 and 3 December 2025. The basis for the review is a report by the WTO Secretariat and a report by the Government of Thailand.
Trade Policy Review: Mozambique 2024
The fourth review of the trade policies and practices of Mozambique takes place on 1 and 3 July 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of Mozambique.
Trade Policy Review: Paraguay 2024
The fifth review of the trade policies and practices of Paraguay takes place on 20 and 22 November 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of Paraguay.
Acuerdo sobre Obstáculos Técnicos al Comercio
10 resultados clave de 2022
Acuerdo sobre Obstáculos Técnicos al Comercio El Acuerdo sobre Obstáculos Técnicos al Comercio tiene por objeto velar por que los reglamentos, las normas y los procedimientos de prueba y certificación aplicados por los Miembros de la OMC no creen obstáculos innecesarios al comercio. Examen anual del Acuerdo OTC El Comité de Obstáculos Técnicos al Comercio de la OMC recopila anualmente datos sobre la aplicación del Acuerdo OTC. La información que figura en este folleto se basa en el examen de 2022.
Handbook on Measuring Digital Trade
What is “digital trade” and how can it be measured and monitored to support policymakers in navigating the digital transformation of international commerce? Digital technologies have made it increasingly feasible for buyers and sellers to place and receive orders on a global scale. They also enable the instantaneous remote delivery of services directly into businesses and homes, including internationally. By focusing on these two criteria – digital ordering and digital delivery across borders – the Handbook on Measuring Digital Trade sets out a conceptual and measurement framework for digital trade that aligns with the broader standards for macroeconomic statistics. This second edition of the Handbook is the outcome of a partnership between the International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD), the United Nations Conference on Trade and Development (UNCTAD) and the World Trade Organization (WTO), resulting in a comprehensive agreed approach. This Handbook aims to help statistical compilers to address policymakers’ needs for statistical evidence on digital trade. It includes extensive compilation guidance, drawing upon substantive inputs and case studies from both developed and developing economies and covering a variety of survey and non-survey sources. A reporting template is also proposed to support compilers in the production and dissemination of digital trade statistics. This Handbook thereby establishes a valuable shared foundation for understanding and measuring digital trade in a way that is internationally comparable. Furthermore, it provides a crucial resource for an active programme of technical assistance and statistical capacity-building, through which the four co-authoring partner organizations can support statistical compilers as they seek to measure, monitor and respond to the challenges of digital trade.
World Tariff Profiles 2024
World Tariff Profiles 2024 provides comprehensive information on the tariffs and non-tariff measures imposed by over 170 countries and customs territories. The publication starts with a breakdown of the tariffs imposed by these economies. Tariff data are presented in comparative tables and in one-page profiles for each economy. A summary table on selected indicators on the imports and exports profile for these economies is also presented. Statistics on non tariff measures by economy and by product group complement the data on tariffs. This special topic deals with “Tariffs on critical minerals in the electric vehicle value chain”. The publication is jointly prepared by the World Trade Organization, the UN Trade and Development (UNCTAD) and the International Trade Centre (ITC).
Profils tarifaires dans le monde 2024
Les Profils tarifaires dans le monde 2024 contiennent des renseignements détaillés sur les droits de douane et les mesures non tarifaires appliqués par plus de 170 pays et territoires douaniers. La publication commence par une ventilation des droits de douane appliqués par ces économies. Les données tarifaires sont présentées dans des tableaux comparatifs et sous forme de profils individuels d'une page pour chaque économie. Un tableau récapitulatif concernant certains indicateurs relatifs au profil des importations et des exportations pour ces économies est aussi disponible. Les données tarifaires sont complétées par des statistiques sur les mesures non tarifaires, par économie et par groupe de produits. Le sujet spécial traité dans la publication porte sur le thème "Droits de douane visant les minéraux essentiels à la chaîne de valeur des véhicules électriques". Cette publication est établie conjointement par l’Organisation mondiale du commerce, la Conférence des Nations Unies sur le commerce et le développement (CNUCED) et le Centre du commerce international (ITC).
Perfiles Arancelarios en el Mundo 2024
La publicación Perfiles arancelarios en el mundo 2024 ofrece información completa sobre las medidas arancelarias y no arancelarias impuestas por más de 170 países y territorios aduaneros. La publicación comienza con un desglose de los aranceles impuestos por esas economías. Los datos arancelarios se presentan en cuadros comparativos y en perfiles individuales de una página para cada economía. Se proporciona también un cuadro recapitulativo sobre determinados indicadores relativos a los perfiles de importación y de exportación para estas economías. Las estadísticas sobre las medidas no arancelarias por economía y por grupos de productos complementan los datos sobre los aranceles. El tema especial trata de los "Aranceles sobre los minerales esenciales en la cadena de valor de los vehículos eléctricos". La publicación ha sido elaborada conjuntamente por la Organización Mundial del Comercio, ONU Comercio y Desarrollo (UNCTAD) y el Centro de Comercio Internacional (ITC).
Global Trade Outlook and Statistics
Update: October 2024
The WTO’s “Global Trade Outlook and Statistics” analyses recent global trade developments. Breakdowns of merchandise and commercial services trade by sector and region are provided, together with details on leading traders. The report is timed to coincide with the release of the WTO’s latest quarterly and annual trade statistics, which can be downloaded from the WTO’s online database at stats.wto.org.
Perspectivas del comercio mundial y estadísticas
Update: October 2024
En el informe Perspectivas del comercio mundial y estadísticas, de la OMC, se analizan los acontecimientos comerciales más recientes a nivel mundial. Además, se proporcionan desgloses del comercio de mercancías y servicios comerciales porsectores y regiones, junto con detalles sobre los principales interlocutores comerciales. La publicación del informe coincide con la divulgación de las últimas estadísticas comerciales trimestrales y anuales de la OMC, que pueden descargarse de la base de datos en línea de la OMC en la dirección siguiente: stats.wto.org.
Working together for better climate action
Carbon pricing, policy spillovers, and global climate goals
The report of the Joint Task Force on Climate Action, Carbon Pricing, and Policy Spillovers, with participation by the IMF, OECD, UNCTAD, World Bank, and WTO, makes four main contributions. First, it reflects on a common understanding of carbon pricing metrics which inform on the incentives to decarbonize and on cross-country variation in carbon prices, a key determinant of international spillover effects and competitiveness concerns. Second, the report analyzes the appropriate mixes of climate change mitigation policies, emphasizing the pivotal role of carbon pricing as the only policy implementing the polluter pays principle while generating revenues. Third, it analyzes how international organizations can support the coordination of policies to maximize positive and limit negative cross-border spillovers from climate change mitigation policies. Finally, it discusses how such coordination can help to scale up climate action by closing the transparency gap, the implementation gap, and the ambition gap.
Perspectives du commerce mondial et statistiques
Update: October 2024
La publication « Perspectives et statistiques du commerce mondial » de l’OMC analyse l’évolution récente du commerce mondial. Elle contient des ventilations du commerce des marchandises et du commerce des services commerciaux par secteur et par région, ainsi que des renseignements détaillés sur les principales économies commerçantes. La publication du rapport coïncide avec celle des dernières statistiques commerciales trimestrielles et annuelles de l’OMC, qui peuvent être téléchargées à partir de la base de données en ligne de l’Organisation à l’adresse suivante : stats.wto.org.
Conférences ministérielles de l’OMC - CM13
Principaux résultats - CM13
Le supplément concernant la 13e Conférence ministérielle pour la publication intitulée “Conférences ministérielles de l’OMC, principaux résultats”
WTO Ministerial conferences - MC13
Key outcomes - MC13
The supplement concerning the 13th Ministerial Conference for the publication “WTO Ministerial Conferences, key outcomes”
Economic Implications of Data Regulation
Balancing Openness and Trust
Cross‑border data flows are the lifeblood of today’s social and economic interactions, but they also raise a range of new challenges, including for privacy and data protection, national security, cybersecurity, digital protectionism and regulatory reach. This has led to a surge in regulation conditioning (or prohibiting) its flow or mandating that data be stored or processed domestically (data localisation). However, the economic implications of these measures are not well understood. This report provides estimates on what is at stake, highlighting that full fragmentation could reduce global GDP by 4.5%. It also underscores the benefits associated with open regimes with safeguards which could see global GDP increase by 1.7%. In a world where digital fragmentation is growing, global discussions on these issues can help harness the benefits of an open and safeguarded internet.
Enabling global trade in renewable hydrogen and derivative commodities
Renewable hydrogen and hydrogen-derived commodities – such as ammonia, methanol and e-kerosene — are expected to play an important role in the transition to low-carbon energy because they are essential to decarbonize sectors such as heavy industry and transport. Jointly produced by the International Renewable Energy Agency (IRENA) and the WTO, this publication highlights the critical role of sound, coherent strategies in promoting the use of renewable hydrogen and hydrogen-derived commodities.
Conferencias Ministeriales de la OMC - CM13
Resultados fundamentales - CM13
Suplemento relativo a la 13ª Conferencia Ministerial de la publicación titulada “Conferencias Ministeriales de la OMC, resultados fundamentales”
Supporting the renewable electricity transition through trade
Unlocking re-globalization opportunities via interconnection
Natural energy sources, such as solar, wind and water, are abundant, but they are not evenly distributed worldwide. The transmission of power across borders can help address imbalances between electricity supply and demand from renewable sources, contributing to security of supply. Security of energy supply is a core concern for countries around the world, especially in the context of the transition to renewable energy, which lies at the heart of efforts to mitigate the effects of climate change. However, only 2.8% of electricity generated is traded across borders. As the share of weather-dependent renewable power generation increases in the global energy mix, the World Meteorological Organization has a critical role to play in upgrading climate services to support decision-making in the energy sector. Trade also has a role to play to help balance power grids through interconnection with overland and undersea electricity cables. Such cables open up the possibility of bringing new suppliers with significant natural solar, wind and water endowments into energy trade. However, interconnection cables are complex and costly infrastructure, with projects taking 10-15 years to complete. This report discusses how to speed up interconnection projects. Actions identified include ensuring better access to sustainable trade finance and climate finance. Also important is improving the predictability and transparency of regulatory approval processes for these projects. WTO rules may also help to address bottlenecks in the supply chains of goods and services needed for grid and interconnection expansion. Trading renewable energy across borders could help economies meet their decarbonization commitments and reduce the overall cost of the global transition to low-carbon energy.

