International trade is a strong engine for poverty reduction, employment creation, innovation, and many other benefits. The important role of international trade for development is also recognized in the ambitious Sustainable Development Goals of the United Nations’ 2030 Agenda. According to this Agenda, societies around the world need to achieve 17 goals and above 150 sustainability targets by 2030.
However, trade can also significantly contribute to sustainability challenges, such as climate change, deforestation, human rights abuses, and many other issues.
Against this backdrop, several initiatives have been developed to make international trade more sustainable.
In this MOOC, you will learn more about what international trade is, how it has grown and evolved, and how it is structured around Global Value Chains. You will gain insight into what sustainable development is and how international trade affects it, but also how trade can contribute to achieving sustainability goals. You will acquire knowledge about the different trade instruments that can be used to improve sustainability.
In particular, this MOOC will focus on the role of voluntary sustainability standards (VSS), the systems behind the labels that we encounter on products we buy daily, such as Fairtrade, Rainforest Alliance, or the Forest Stewardship Council. VSS have become important market-based tools to make international trade more sustainable. In this MOOC, you will learn more about what VSS are, how they emerged, and how they work. You will also learn to think about the effectiveness of VSS both in terms of their adoption and in terms of impact. You will gain insight into where and how VSS are adopted across different units of analysis, and what motivates or hinders different actors to adopt them. You will also understand how VSS aims to generate impact on different sustainability dimensions, and how research can be conducted to evaluate VSS impact. You will then learn about the current evidence that is available on VSS impact, and reflect on the main challenges in assessing VSS impact. You will also become aware of the interactions between VSS and public policy, and will critically reflect on their future as instruments for trade governance.
Learn more about sustainable trade through videos from academic experts, interactive exercises and discussions, online readings, webinars, and interviews with professionals in the field.
