Common use of Trade and Climate Change Clause in Contracts

Trade and Climate Change. 1. The Parties recognize that climate change poses significant risks to communities, infrastructure, the economy, the environment and human health, with potential consequences for international trade, and that efforts are required to build resilience. The Parties also reaffirm the principles and objectives of the United Nations Framework Convention on Climate Change, the Kyoto Protocol and the Paris Agreement and their commitments under the respective instruments.

Trade and Climate Change. 1. The Parties recognize that climate change poses significant risks to communities, infrastructure, the economy, the environment and human health, with potential consequences implications for international trade, and that efforts are required to build resilience. The Parties also reaffirm their respective commitments under the principles and objectives of the 1992 United Nations Framework Convention on Climate Change, the 1997 Kyoto Protocol and the 2016 Paris Agreement and their commitments under the respective instrumentsAgreement.

Trade and Climate Change. 1. The Parties recognize recognise that climate change impacts are being felt and poses significant risks to communities, infrastructure, the economy, the environment and human health, with potential consequences for international trade, and that efforts to increase resilience are required to build resiliencerequired. The Parties also reaffirm the principles commit to promote effective climate change mitigation and objectives of the United Nations Framework Convention on Climate Changeadaptation measures in order to tackle global, the Kyoto Protocol regional and the Paris Agreement domestic challenges and their commitments under the respective instrumentsminimise harm.