Biden May Push To Use Trade, Finance Rules To Advance Climate Goals

The incoming Biden administration appears poised to use international trade policy as one tool to implement its ambitious climate agenda, including by speeding requirements for the financial sector to assess and respond to climate risks and thus discouraging future use of fossil fuels. “Beginning in 2021, the United States may take policy and regulatory actions that align more closely with efforts undertaken in the [European Union] and at international institutions such as [Asia-Pacific Economic Cooperation (APEC)] on the nexus of...