DDG Paugam: Aligning carbon measurement standards key to future of global trade

Speaking at the Worldsteel General Assembly on 14 October, Deputy Director-General Jean-Marie Paugam emphasized the critical importance of aligning carbon measurement standards to support global trade and tackle climate change effectively. By working together, governments, industries and international organizations “can ensure that trade accelerates decarbonization,” he said, adding that the WTO is uniquely positioned to help by serving as a global forum for discussions on these issues. The text of his speech is below.