Global commodity value chains, which have helped fuel the historic economic rise of China, are under threat. The COVID-19 pandemic has disrupted trade flows to a degree not seen in more than 70 years. Trade tensions between the world’s largest economic powers undermine decades’ worth of effort to create more open borders. Diseases such as African swine fever and contamination have affected the stability of certain food supplies. Combined, these factors threaten to spur a movement by countries towards regionalization, if not re-nationalization, of their supply chains.
“Greening” commodity value chains has the potential to be an effective strategy for addressing these challenges. Green value chains can strengthen the security of food supplies, rebuild trust in global commodity trade, and fill gaps in current global governance, harnessing the shared performance ambitions of commodity suppliers, traders, buyers, exporting countries, and importing countries.
Task Force: Green Energy, Investment and Trade Year: 2020 Phase: Phase VI (2017-2022)Global Green Value Chains: Greening China’s “Soft Commodity” Value Chains
Global Green Value Chains: Greening China’s “Soft Commodity” Value Chains