GREEN ECONOMY AND TRADE 1 GREEN ECONOMY & TRADEE-LEARNING COURSE MODULE 4 © World Bank/Salahaldeen Nadir Copyright © United Nations Institute for Training and Research, 2016, on behalf of PAGE The report is published as part of the Partnership for Action on Green Economy (PAGE) – an initiative by the United Nations Environment Programme (UNEP), the International Labour Organization (ILO), the United Nations Development Programme (UNDP), the United Nations Industrial Development Organization (UNIDO) and the United Nations Institute forTraining and Research (UNITAR). This publication may be reproduced in whole or in part and in any form for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgement of the source is made. The PAGE Secretariat would appreciate receiving a copy of any publication that uses this publication as a source. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the PAGE Secretariat. Course authors Jorge E. Viñuales, University of Cambridge, Harold Samuel Professor of Law and Environmental PolicyDirector, Cambridge Centre for Environment, Energy and Natural Resource Governance (C-EENRG) Contributors Giuliano Montanari, Maya Valcheva, Amrei Horstbrink (UNITAR), Lennart Kuntze, T aylor Clayton, Anja von Moltke (UN Environment), Gregg Cornelius, Bolormaa Tumurchudur-Klok, Olga Strietska-Ilina (ILO). Citation PAGE (2016), Green Economy and Trade E-Learning Course, Module 4 Disclaimer This publication has been produced with the support of PAGE funding partners. The contents of this publication are the sole responsibility of PAGE and can in no way be taken to reflect the views of any Government. The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the PAGE partners concerning the legal status of any country, territory, city or area or of its authorities, or concerning delimitation of its frontiers or boundaries. Moreover, the views expressed do not necessarily represent the decision or the stated policy of the PAGE partners, nor does citing of trade names or commercial processes constitute endorsement. This document was produced with the financial assistance of the European Union. The views expressed herein can in no way be taken to reflect the official opinion of the European Union. Acknowledgements PAGE gratefully acknowledges the support of all its funding partners: European Union, Germany, Finland, Norway, Republic of Korea, Sweden, Switzerland and the United Arab Emirates. Designed by Pilar LagosPhoto credits Unless stated otherwise, the photos used are under a Creative Commons license. Page promotes environmentally sound practices globally and in its own activities. This publication is printed on 100% recycled paper.2.1 Brief over view of the WTO system 8 Institutional component 8 Agr eements 10 Dispute sentiments 11 2.2 T rade and Environment in the WTO law 13 The Committee on T rade and Environment 13 K ey multilateral agreements for trade in agricultural pr oducts and renewable energy 17 TABLE OF CONTENTS 1 OVERVIEW 2 Trade governance under the wto system PAGE 8 PAGE 73 TRADE GOVERNANCE UNDER FREE TRADE AGREEMENTS PAGE 23 3.1. The emer gence of FTAs and their relatioship with the WTO 24 3.2. The trade, investment and envir onment nexus in FTAs 26 Key Learning Points 28 Resources 29ACRONYMS AB Appellate Body AoA Agr eement on Agriculture APEC Asia-P acific Economic Cooperation CETA Compr ehensive and Economic Trade Agreement CTE Committee on T rade and Environment CTESS Special Session o f the CTE DSB Dispute Settlement Body DSU Under standing on the Rules and Procedures Gover ning the Settlement of Disputes EC Eur opean Communities EGA Envir onmental Goods Agreement EU Eur opean Unio