TF04 Trade and investment for sustainable and inclusive growth

Trade and investment for sustainable and inclusive growth

TF4 is dedicated to leveraging trade and investment mechanisms to achieve the Sustainable Development Goals (SDGs) outlined in the 2030 Agenda. It intends to put forward innovative ideas not only for the Trade & Investment Working Group, but also for the Working Groups on Agriculture, on Environment, Climate and Sustainability, gender empowerment, digital economy, and employment all in the Sherpa Track, but also the Task Force on fighting poverty and hunger.

Issues addressed within this task force encompass:

  1. Trade and Investment to Fight Inequality, Poverty, and Hunger, and Foster Social Inclusion (Co-chair: Celio Hiratuka - IE - UNICAMP, Brazil); (Members: Valeria Pineiro - IFPRI/LAC, Regional and Bipul Chattopadhyay - CUTS, India):
    Emphasizing the pivotal role of trade and investment in addressing societal challenges, the task force aims to harness these mechanisms to combat inequality within and among countries, poverty, and hunger while promoting social inclusion and food security. SDG 1, 2, 8, 9, 10, and 17. 

  2. Trade and Investment, food security and climate action (Co-chair: Marcos Jank - INSPER Agro Global, Brazil); (Members: Noémie Laurans -  Graduate Institute, Switzerland/Canada and Kennedy Mbeva - Centre for the Study of Existential Risk (CSER), University of Cambridge, UK):
    Recognizing the impacts of trade and investment in climate change and its importance for food security, the task force will focus on fostering sustainable practices and policies within these realms to contribute to global sustainability goals. It will also discuss the use of sustainability standards as potential non-tariff barriers that might disproportionally affect developing countries and threaten global food security. SDG 2, 8, 10, 13, 14, 15, and 17. 

  3. Women in Trade (Co-chair: Marina Carvalho - Women in Trade, Brazil); (Members: Amrita Bahri - ITAM, Mexico and Jan Yves Remy - WI University, Brabados): 
    Acknowledging the importance of gender equality in trade, policy options and efforts to empower and enhance the participation of women in trade-related activities will be put forward, thereby fostering economic growth and inclusivity. SDG 5, 8, 16, and 17. 

  4. Trade and Digital Transformation (Co-chair: Carlos Primo Braga -Fundação Dom Cabral, Brazil); (Members: Doug Lippoldt - CIGI, Canada and Martina Ferracane - DTIP/SchumanCenter/EUI, Italy): Considering the increasing role of digital transactions to foster trade and investment, the task force explores how trade and investment can harness digital technologies for increased efficiency, innovation, and global connectivity. SDG 8, 10, and 17. 

  5. Promoting Greater Participation of MSMEs in Trade and Investment (Co-chair: Michele Ratton - FGV/SP, Brazil);(Members: Sait Akman- TEPAV, Turkey and Xinquan Tu - UIBE, China):
    Recognizing the potential of Micro, Small, and Medium-sized Enterprises (MSMEs) to promote growth and create new opportunities for common people, the task force endeavors to promote as more thorough access to foreign markets and facilitate their greater integration into global trade networks, enhancing their contribution to economic growth and reduce inequalities. SDG 9 and 17. 

  6. Dealing with Neoprotectionism and the Changing Features of Global Value Chains (Co-chairs: Leane Naidin/Lia Vals - CINDES, Brazil); (Members: Marteen Smeets - WTI, Switzerland and Faizel Ismail - UCT, South Africa):
    In the face of evolving global economic landscapes, the task force addresses challenges posed by neoprotectionism and the changing features of global value chains, seeking strategies to adapt and ensure inclusive growth, particularly in developing countries. SDG 2, 9, and 17. 

Through these focused discussions and strategies, the T20 Task Force aims to harness the power of trade and investment to drive sustainable, inclusive, and equitable growth in alignment with the SDGs of the 2030 Agenda.

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Vera Thorstensen
Head of the Centre for Global Trade and Investment, Fundação Getúlio Vargas
Axel Berger
Deputy Director (interim), German Institute of Development and Sustainability (IDOS)