The Global Priorities Institute at Oxford University, inspired by the effective altruism movement, has created a research agenda to prioritize the research that has the potential to do the most good over the long term (https://globalprioritiesinstitute.org/wp-content/uploads/gpi-researchag…). Similarly, our project seeks to identify Legal Research Priorities in concrete fields of law and regarding concrete issues in each field, based on objective criteria.

The contribution of the tourism sector towards the development of host nations is undeniable in that it provides several benefits such as creation of employment, generation of added value and tax revenue, and boosting of inward foreign direct investment. Yet, tourism does also have negative environmental, economic and socio-cultural effects and it is also true that tourism can have a negative impact on the physical environment, economic, and socio-cultural landscape of host nations. This is particularly true for the case of SIDS.

This book explores the ways to 'rethink', 'repackage' and 'rescue' world trade law in the post-COVID-19 era. Using the COVID-19 pandemic as an important context, the book makes original and critical contributions to the growing debate over a range of emerging challenges and systemic issues that might change the landscape of world trade law in the years to come. The book asks: do these unprecedented times and challenges call for reengineering the world trading system and a further retreat from trade liberalisation?

The paper investigates the relationship between carbon emissions, environmental provisions in Regional Trade Agreements (RTAs) and Global Value Chains (GVCs) using a panel data gravity model for the Middle East and North Africa (MENA) region over the period 1990-2015. We find that RTAs have a positive effect on carbon emissions. However, good institutional quality in MENA region decreases carbon footprint. Participation of MENA countries in GVCs rises environmental degradation in upstream Low-Tech Manufacturing (LTM) sectors and downstream High-Tech Manufacturing (HTM) and Primary sectors.

We examine the financial risk management of the climate crisis from three perspectives. First, we assess the serious risks from climate change. The ecological and financial consequences of climate change depend on the future path of emissions, as well as the specific circumstances of specific countries and populations. Second, we assess the previous success of market solutions through pricing sulfur and carbon dioxide emissions.

This chapter highlights the linkages between the climate crisis and trade negotiations in a dystopic post-WTO world. It argues that the window of opportunity to achieve an effective multilateral trade regime has closed and will be sealed shut by accelerating climate change. The post-WTO regime is a megaregional regime, and it will exclude those countries that do not get on board before the destabilizing effects of the climate crisis make their inclusion impossible to achieve. Geopolitical shifts destabilized the WTO regime and have led to its collapse.

In this book review, Bradly Condon, WTO Chair in Mexico, finds that Emissions Trading Schemes under International Economic Law is a well-written and timely book, which addresses many important issues regarding the application of the international economic law regime to the climate regime. It is a welcome contribution to the literature on climate change and international economic law.