Rotterdam, 5 September 2022 (TDI): The heads of the World Trade Organization (WTO) and the Global Center on Adaptation (GCA) signed a Memorandum of understanding (MoU) at the African Adaptation Summit. The purpose of signing this MoU is to accelerate climate change adaptation in the vulnerable regions of the world.
A framework for collaboration: @GCAdaptation & WTO heads signed a memorandum of understanding in the context of accelerating action on #climatechange adaptation in the vulnerable regions of the world.
Catch DG @NOIweala at #GCA2022 live this morning: https://t.co/6w8lU4kuIh pic.twitter.com/6JDyOKEHRM
— WTO (@wto) September 5, 2022
WTO-GCA Partnership
The MoU was signed during the Africa Adaptation Summit with global leaders. The event was hosted by Global Center on Adaptation (GCA), together with the African Union, African Development Bank, International Monetary Fund, Africa Adaptation Initiative, and the Climate Vulnerable Forum.
MoU between WTO and GCA leverages the connection between trade and adaptation action in countries and regions that are particularly vulnerable to the impacts of climate change.
WTO and GCA collaborate on topics relevant to climate adaptation and trade. They focus on undertaking outreach activities and policy dialogue in these areas, developing reports and other knowledge products.
Moreover, the WTO-GCA partnership organizes knowledge-sharing events, seminars, and capacity activities in the areas of trade and climate adaptation.
Both organizations will also explore opportunities to provide policy support to WTO members interested in the trade and climate adaptation agenda.
In GCA’s State and Trends in Adaptation Report 2021 on Africa, the focus chapter on trade produced in collaboration with the WTO showed how trade can play a crucial role in supporting Africa’s efforts to adapt to a changing climate.
About WTO
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. The goal is to ensure that trade flows as smoothly, predictably, and freely as possible.
About GCA
The Global Center on Adaptation (GCA) was founded in 2018 and operates from its headquarters located in Rotterdam. It is an international organization that works as a solutions broker to accelerate action and support adaptation solutions.