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VERSION:2.0
PRODID:unctad.org
BEGIN:VEVENT
UID:6a5916cc7396f
DTSTART:20251115T153000Z
SEQUENCE:0
TRANSP:OPAQUE
DTEND:20251115T163000Z
LOCATION:Belem\, Brazil
SUMMARY:COP30 side event: Trade and investment for transformation in develo
 ping countries – decarbonization\, economic diversification and sustaina
 ble value chains
CLASS:PUBLIC
DESCRIPTION:Trade\, finance\, and investment are central to achieving a low
 -carbon global transformation. Trade plays a key role in spreading clean t
 echnologies\, strengthening supply chains and lowering the cost of climate
  action. Aligning trade and climate policies can deliver greater emissions
  reductions per dollar spent by facilitating access to renewable energy go
 ods and services and repurposing environmentally harmful subsidies. Trade 
 policies can also be leveraged to reduce distortions\, promote pro-climate
  goods and services\, and accelerate the deployment of green technologies 
 through investment\, technology transfer and capacity-building. These comb
 ined efforts demonstrate that coherent trade\, finance and investment poli
 cies are essential to make climate goals achievable and to ensure that the
  transition supports inclusive and sustainable development.Continuing thes
 e broader efforts to align finance\, investment\, trade and climate agenda
 s\, a high-level session is being organized to showcase how low-carbon and
  green value chains can support emissions reduction goals\, foster climate
 -resilient growth and unlock trade and investment opportunities in develop
 ing countries. With the SDG investment gap exceeding $4 trillion annually 
 - much of it linked to renewable energy and sustainable infrastructure - b
 ridging this financing gap is essential to deliver on Nationally Determine
 d Contributions (NDCs)\, advancing structural transformation and building 
 competitive low-carbon sectors.The session will present initiatives that p
 romote decarbonization\, economic diversification and the development of s
 ustainable value chains in developing countries. These initiatives are led
  or supported by international organizations — including UNCTAD and UNDP
 \, as part of their contribution to the Baku Initiative on Climate Finance
  and Investment for Trade (BICFIT)\, launched in 2024 under the COP29 Pres
 idency (Azerbaijan)\, as well as the World Trade Organization (WTO)\, Inte
 rnational Trade Centre (ITC)\, International Chamber of Commerce (ICC)\, a
 nd other partners. The discussion will also highlight how strategic partne
 rships — such as public–private partnerships (PPPs)\, multilateral dev
 elopment banks (MDBs) and development finance institutions (DFIs) — can 
 mobilize private capital and accelerate progress toward sustainable develo
 pment.The session will conclude by highlighting concrete examples of how s
 ustainable value chains can advance the implementation of NDC targets and 
 support the transition to low-carbon\, climate-resilient economies and SDG
 s. It will showcase pathways for greener production\, economic diversifica
 tion\, and greater inclusion of SMEs in sustainable trade. Participants wi
 ll also discuss practical mechanisms to scale up investment in sustainable
  sectors\, strengthen technology transfer and capacity-building\, and enha
 nce international cooperation. In doing so\, the session will illustrate h
 ow trade-led approaches can translate climate commitments into tangible de
 velopment turning trade into an enabler of the Paris Agreement and the Sus
 tainable Development Goals.  &lt\;p&gt\;Trade\, finance\, and investment
  are central to achieving a low-carbon global transformation. Trade plays 
 a key role in spreading clean technologies\, strengthening supply chains a
 nd lowering the cost of climate action. Aligning trade and climate policie
 s can deliver greater emissions reductions per dollar spent by facilitatin
 g access to renewable energy goods and services and repurposing environmen
 tally harmful subsidies. Trade policies can also be leveraged to reduce di
 stortions\, promote pro-climate goods and services\, and accelerate the de
 ployment of green technologies through investment\, technology transfer an
 d capacity-building. These combined efforts demonstrate that coherent trad
 e\, finance and investment policies are essential to make climate goals ac
 hievable and to ensure that the transition supports inclusive and sustaina
 ble development.&lt\;/p&gt\;&lt\;p&gt\;Continuing these broader efforts to
  align finance\, investment\, trade and climate agendas\, a high-level ses
 sion is being organized to showcase how low-carbon and green value chains 
 can support emissions reduction goals\, foster climate-resilient growth an
 d unlock trade and investment opportunities in developing countries. With 
 the SDG investment gap exceeding $4 trillion annually - much of it linked 
 to renewable energy and sustainable infrastructure - bridging this financi
 ng gap is essential to deliver on Nationally Determined Contributions (NDC
 s)\, advancing structural transformation and building competitive low-carb
 on sectors.&lt\;/p&gt\;&lt\;p&gt\;The session will present initiatives tha
 t promote decarbonization\, economic diversification and the development o
 f sustainable value chains in developing countries. These initiatives are 
 led or supported by international organizations — including UNCTAD and U
 NDP\, as part of their contribution to the Baku Initiative on Climate Fina
 nce and Investment for Trade (BICFIT)\, launched in 2024 under the COP29 P
 residency (Azerbaijan)\, as well as the World Trade Organization (WTO)\, I
 nternational Trade Centre (ITC)\, International Chamber of Commerce (ICC)\
 , and other partners. The discussion will also highlight how strategic par
 tnerships — such as public–private partnerships (PPPs)\, multilateral 
 development banks (MDBs) and development finance institutions (DFIs) — c
 an mobilize private capital and accelerate progress toward sustainable dev
 elopment.&lt\;/p&gt\;&lt\;p&gt\;The session will conclude by highlighting 
 concrete examples of how sustainable value chains can advance the implemen
 tation of NDC targets and support the transition to low-carbon\, climate-r
 esilient economies and SDGs. It will showcase pathways for greener product
 ion\, economic diversification\, and greater inclusion of SMEs in sustaina
 ble trade. Participants will also discuss practical mechanisms to scale up
  investment in sustainable sectors\, strengthen technology transfer and ca
 pacity-building\, and enhance international cooperation. In doing so\, the
  session will illustrate how trade-led approaches can translate climate co
 mmitments into tangible development turning trade into an enabler of the P
 aris Agreement and the Sustainable Development Goals.&lt\;/p&gt\;&lt\;p&gt
 \;&amp\;nbsp\;&lt\;/p&gt\;&lt\;img src=&quot\;/sites/default/files/inline-
 images/picture1_2.png&quot\; data-entity-uuid=&quot\;ae810e10-2a44-4811-82
 ae-900f6e5631e3&quot\; data-entity-type=&quot\;file&quot\; alt=&quot\;&quo
 t\; width=&quot\;791&quot\; height=&quot\;92\n\nView meeting on unctad.org
 \nhttps://unctad.org/meeting/cop30-side-event-trade-and-investment-transfo
 rmation-developing-countries-decarbonization
DTSTAMP:20260716T173716Z
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