Distr. GENERAL COMMISSION ON SUSTAINABLE DEVELOPMENT Second session 16-27 May 1994 Item 3 of the provisional agenda* GENERAL DISCUSSION ON PROGRESS IN THE IMPLEMENTATION OF AGENDA 21, FOCUSING ON THE CROSS-SECTORAL COMPONENTS OF AGENDA 21 AND THE CRITICAL ELEMENTS OF SUSTAINABILITY Trade, environment and development Note jointly prepared by the secretariats of UNCTAD and UNEP ----------------------------------------------------------------- Unofficial summary: This report is the follow-up to the informal high-level meeting on "Environment and Trade: Perspectives of Developing Countries" co-hosted by the Executive Director of UNEP and the Secretary-General of UNCTAD in Geneva on 17 February 1994. The report is prepared by both secretariats and identifies ten key areas linked to trade, environment and sustainable development. These areas are: 1) Internalization 2) Environmental standards 3) Emerging trends in environmental policy-making 4) Eco-labelling and certification 5) The role of science 6) Indicators of sustainable development 7) Multilateral environmental agreements 8) Additional financing and technology transfer 9) Positive incentives to build compatibility between trade and environment 10) Capacity building In order to enhance the dialogue between environment and trade ministers of developing and developed countries, the UNCTAD and UNEP secretariats plan to jointly host another high-level meeting on trade and environment in late 1994. ------------- * E/CN.17/1994/1
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