BALI, Indonesia, Dec. 8 (Xinhua) -- Trade ministers here on Saturday opened their discussions over potential trade policies to finance actions on dealing with the climate change.
About a dozen trade ministers from the United States, Australia, Brazil and Portugal started two days of meetings to discuss the possible inter linkages between trade, investment and climate policies.
Climate change solutions open up important opportunities for jobs and trade, Australian Trade Minister Simon Crean told reporters.
"The intention is to start a dialogue. This is the first time that trade ministers are meeting to discuss these (climate) issues," Indonesian Trade Minister Mari Pangestu said.
The ministers are to focus their discussions on the scope and opportunities for building a stronger international regime that will both strengthen the opportunities for the development of climate friendly technologies and clean energy systems.
The discussions will also focus on different mechanisms or approaches for dealing with institutional challenges of climate change in trade regimes, particularly in developing countries where capacity gap is still wide.
The United Nations Climate Change Conference (UNFCCC), which opened here on Monday, brings together representatives of over 180 countries together with observers from intergovernmental and nongovernmental organizations.
The two weeks period includes the sessions of the Conference of the Parties to the UNFCCC, its subsidiary bodies as well as the Meeting of the Parties of the Kyoto Protocol. A ministerial segment in the second week will conclude the Conference.
What is widely expected from the Bali conference is a breakthrough in the form of a roadmap for a future international agreement on enhanced global action to fight climate change in the period after 2012, the year the first commitment period of the Kyoto Protocol expires.
The main goal of the Bali Conference is including to launch negotiations on a climate change deal for the post-2012 period, to set the agenda for these negotiations and to reach agreement on when these negotiations will have to be concluded.