Trade Responses to Climate Change in Low-income Developing Countries

This paper examines trade responses to climate change in low-income developing countries through literature review. Low-income developing countries need collaborative solutions that take into account both their economic development needs and their carbon emissions realities to achieve inclusive economic development and climate goals simultaneously. In addition, a clear understanding of the impact of climate change on one's own country and other countries is necessary in terms of international competitiveness and comparative advantage. When considering policies to reduce or adapt to the negative impacts of climate change, the specific level of economic development of a country and its institutional and technological capacity to address climate change must be taken into account. The international community should not spare effective technology transfer and financial support for low-income developing countries.