Strengthening the Role of Voluntary Sustainability Standards in Trade Policy
With sustainability being recognized as a progressively more important trade goal, trade policy is increasingly referencing and utilizing voluntary sustainability standards (VSSs) to achieve sustainability outcomes. With this increase comes the question of which VSSs are worthy of trust to deliver on sustainability goals and their use in trade policy.
The ISEAL Credibility Principles, among other guidelines and frameworks, outline core values for effective VSSs, lending to their global credibility. Because different VSSs are designed to achieve varying environmental results, establishing their credibility is critical to how (and whether) they can be used in trade policy.
This interactive lunch seminar explored how different stakeholders (standards-setting organizations, policy-makers, non-governmental organizations, and international organizations are approaching the issue of VSSs’ credibility and how the World Trade Organization can advance the integration of VSSs into trade policies.
Upcoming events
Building Bridges: The State of Nature-Based Investments
Join us for a panel at the Building Bridges conference in Geneva, Switzerland, to discuss the state-of-play of nature-based investments and the potential opportunities they present.
Paving the Way for Debt Relief: Strategic Collaboration Between the G20 Presidency and the FfD4
A webinar looking at current global debt relief initiatives and exploring new strategies to address the financing needs of developing countries