developments within the World Trade Organization (WTO).The Kyoto Protocol, the Þrst international agreement with legally binding …. With it, most of the developed world will be committed to modest reduction targets over the next decade. The two largest …

last year has seen a rising tide of public concern, as well as pronouncements by the world's leading scientific body on … economic activity and international trade. According to the Stern Review, authored by the former World Bank Senior Economist … Sir Nicolas Stern, "climate change is the greatest market failure the world has ever seen". Responding to climate change …