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Environmental Goods and Services
"We recognise that climate change is a growing global challenge and we will ensure that our economic growth strategies are environmentally sustainable. We will use the opportunity provided by our domestic stimulus measures to deploy climate-friendly technologies and encourage energy efficiency. These technologies and efforts can also create new opport...
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All Systems Go in the Wind Business
You don’t need to be a weatherman to see which way the wind’s blowing. In the United States, Texas oilman turned wind energy advocate, T. Boone Pickens, is promoting T-bone size wind energy investment as the solution to America’s oil dependency. In the United Kingdom, in a move described by the British Wind Energy Association chairman as...
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The Little Drop That Could
Yes the solar energy industry grew 38% in 2007 and represented $23.1 billion in global revenues, up from $5.5 billion in 2002, but solar power still represents only 0.1% of global electricity generation. And yes, the stock value of solar energy companies rose 210% in 2007 and venture investing in the sector grew 200% in 2007, but solar power still represe...
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Clean Air and Water
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“We will explore ways to reduce existing barriers to trade and investment, and refrain from introducing new barriers in EGS. We will also take steps to facilitate the diffusion of climate-friendly and other EGS technologies, including through economic and technical cooperation (ECOTECH) and capacity building activities. We welcome the launch of the APEC EGS Information Exchange to promote greater transparency, information sharing, collaboration, and dissemination of EGS in APEC and globally. We endorse APEC's EGS work programme which has helped to raise awareness of what needs to be done to facilitate trade, investment and development in EGS, and instruct officials to report progress on this work at AMM 2010. We reaffirm that an open global trade and investment system is central to our clean development objectives and market opening in the WTO would advance our climate and energy security goals. We recognise that joint research, development, deployment and transfer of low and zero emission technologies will be crucial in our shared efforts to address climate change.”

Click here for full AMM Statement

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What is EGS ?

Environmental goods and services (EGS) is an industry sector devoted to solving, limiting or preventing environmental problems. EGS companies may be involved in manufacturing and/or services related to water or air pollution, waste management, recycling, renewable energy, monitoring, analysis and assessment, or a number of other goods and services. The provision of EGS generally accounts for 2-3% of GDP developed economies. The development of an EGS industry in transtion economies is instrumental in eliminating preventable diseases, enhancing quality of life, protecting natural resources and attracting in-bound investment. Many sustainable development goals are also facilitated by a healthy EGS industry.

There is not a clearly accepted definition or classification system for EGS, but healthy debates have existed amongst government and private sector analysts, international organizations, NGOs and trade policy negotiators since the early 1990s. The mission of this environmental goods and services information exchange is to advance this debate, and provide a foundation for the facilitation and promotion of trade and commerce in environmental goods and services in the APEC region and worldwide.

 
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