Climatic impacts on trade can be addressed by a host of climate adaptation measures, ranging from the development of resilient trade infrastructure to designing new financial products that promote investments in climate-resilient products and services. However, the inverse relationship of leveraging trade as a vehicle to support adaptation efforts has not been given much attention until now.
To help assess the role of trade in supporting adaptation measures, the report identifies three general pathways: domestic trade policy measures that enhance access to adaptation goods and services; access to trade-related financing mechanisms that support climate adaptation; and an international collaborative framework on trade in support of climate adaptation.
National Adaptation Plan (NAP) processes also offer many resources from which to draw to get a strong understanding of how climate change impacts affect the country and the priority actions and investments the government has identified to minimize loss and harm resulting from these impacts. To strategically map out trade in accordance with adaptation goals, the research analyses NAP documents in Fiji, Kiribati and Tonga.