Aid for trade and climate change financing mechanisms
Aid for trade and climate change financing may be addressing similar objectives. If used in a complementary and reinforcing manner, they may help build the economic resilience and supplyside capacity LDCs need to adapt and mitigate climate change and link to the world economy on better terms. Climate change-related projects in agriculture, fisheries, and livestock often have trade-related impacts and vice-versa. Both climate change and trade-related objectives could thus be addressed in a coherent way through the implementation of climate change financing mechanisms and aid for trade. This paper explores how climate change financing and aid for trade can address the climate change adaptation needs and specific supply-side constraints of African LDCs and small, vulnerable economies (SVEs) in a complementary and supportive manner.
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