Trade’s Emissions Paradox: What It Means for Developing Countries - Caribbean News Global

Trade’s emissions paradox: What it means for developing countries - Caribbean News Global

By Ebad Ebadi and Enrique Aldaz-Carroll International trade plays a complex role in shaping environmental outcomes. A new World Bank paper, “Trade’s Emissions Paradox: Cutting Greenhouse Gases, Raising Air Pollution,” prepared for the forthcoming flagship report “Reboot Development: The Economics of a Livable Planet,” brings a new perspective to the debate by revealing an important insight: while global trade has contributed to reducing greenhou…

Global trade is reducing emissions but increasing air pollution, World Bank report finds

A recent report by the World Bank has found that global trade, especially between developed and developing countries, is reducing greenhouse gas emissions by as much as 2.2% annually. However, the opposite effect is seen in emissions of PM2.5, tiny airborne particles responsible for air pollution, which worsen as global trade increases. Greenhouse gases, a range of compounds that trap heat in the air and are responsible for global warming, are p…