Upstream resource requirements of traded commodities

Sustained availability of natural resources is essential to overall human wellbeing. In a scenario of increasing demand for resources and, at the same time, accelerated depletion of those very resources, trade can contribute to supporting resource efficiency on a global scale. In principle, international trade allows an efficient allocation of production and extraction activities to regions with a large availability of resources and minimal resource intensity; this facilitates a reduction in economic costs, but possibly in environmental and social costs, too.

Sustainable Development Goals:

Responsible Consumption and Production

Climate Action

Peace, Justice and Strong Institutions