"APEC Leaders resolved to reduce by the end of 2015 our applied tariff rates to 5% or less, taking into account economies' economic circumstances, without prejudice to APEC economies" positions in the WTO. Economies will also eliminate non-tariff barriers, including local content requirements that distort environmental goods and services trade. "

Click here for the 2011 Leaders Statement on Environmental Goods and Services 


We will implement policies to create new green jobs, technologies, and industries to enhance regional energy security, decrease environmental degradation and the effects of climate change, and promote sustainable growth. We will promote energy-efficient transport. We will increase the dissemination and utilization of environmental goods and services, reduce existing barriers and refrain from introducing new barriers to trade and investment in such goods and services, and enhance our capabilities to develop this sector, by prioritizing work related to addressing non-tariff measures on environmental goods, technology, and services. We will rationalize and phase out inefficient fossil fuel subsidies that encourage wasteful consumption, while recognizing the importance of providing those in need with essential energy services, and review progress toward this goal on a voluntary basis. We will promote deployment of low-emission power sources - renewable, nuclear, and fossil fuels with carbon capture and storage - to make our energy supply cleaner. We will create low-carbon communities in the region. We will facilitate the diffusion of climate-friendly technologies, including through ECOTECH and capacity building activities.”

Click here for the full 2010 Leaders Declaration

Click here for the 2010 APEC Ministerial Meeting 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.

APEC EGS News / Updates

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