Aid for Trade and Climate Change Financing Mechanisms
"This report focuses on links between climate change adaptation measures undertaken by African
least developed countries (LDCs) and small and vulnerable economies (SVEs) and their impact
on trade. Africa’s position in world trade is marginal, and various factors, including geography;
concentration on low-value, inefficient agriculture; distorted policies; deficient infrastructure;
and poor institutional support, have prevented African LDCs and SVEs from taking advantage
of existing market access privileges, like the African Growth and Opportunity Act (AGOA) and
economic partnership agreements (EPAs), to integrate into the world economy in more important
ways that would make an impact on economic development and poverty alleviation."