The panel discussion will assess the trade- and climate-related risks that a more fragmented world poses for developing countries and provide policy reform recommendations. Specifically, it will discuss how climate change and policies to mitigate it are redistributing comparative advantages and reshaping countries’ trade patterns. Emphasis will be placed on how this evolving trade landscape poses a unique challenge for low- and middle-income countries, which must harness trade to generate jobs and growth while also meeting their climate goals.