The paper briefly discusses developments in the negotiations on agriculture in the WTO Doha Development Agenda Round from January 2000 to September 2005 and identifies the main elements to be considered when speculating on the outcome of the Ministerial Conference in Hong Kong

Although agriculture could contribute substantially to European emission reductions, its mitigation potential lies untapped and dormant. Market-based instruments could be pivotal in incentivizing cost-effective abatement. However, sector specificities in transaction costs, leakage risks and...