International commodity-related environment agreement
International commodity-related environment agreement: ICREA. A type of voluntary intergovernmental instrument suggested by UNCTAD as conducive to the promotion of environmental objectives in commodity production and to facilitate cooperation among producers and consumers in this regard. ICREAs could either be concerned with the setting of standards, or they could be aimed at funding the transition to more sustainable production methods. See also commodity policy and trade and environment.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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