To tackle market failure at source through appropriate environmental regulations and trade policies.
Countries entering into trade and investment agreements must allow public participation in judicial and administrative proceedings within a domestic environmental law framework and in the formation, negotiation, and implementation of trade and investment policies and agreements. They must give appropriate access to environment related information on the community and national level. To encourage fully informed decision-making regarding trade and investment agreements. Countries should conduct environmental impact assessments prior to completion of an agreement and prior to its implementation, and trade agreements must include on-going monitoring of the environmental impacts of increased trade and investment following implementation.
At a meeting of international forest protection leaders in Seattle, Washington (June 1999) the following position statement was agreed: The World Trade Organization (WTO) is bad for forests. Measures to expedite trade in forest products will increase consumption without concurrently implementing conservation measures. In the WTO, trade provisions are supreme over the laws of nations, taking power away from local communities and governments and giving it to corporations. This makes it a direct threat not only to the world's remaining forests, but also to basic individual and states' rights. The WTO is fundamentally flawed because it develops far-reaching policies without public participation. These policies are prioritized only by their benefit to trade, without consideration for local economies, the environment, labor and human rights. Before the WTO takes on any new powers, or enacts any new provisions, each member government must step back and look at how the WTO has helped or hurt its citizens and the world environment.
2. Trade agreements must protect non-protectionist environmental and public health measures, including measures taken to enforce international environmental agreements, from challenge as trade barriers.