Saturday, January 22, 2022

Global value chain approach for expanding APEC environmental goods list pushed

Adding new products to the Asia-Pacific Economic Cooperation (APEC) List of Environmental Goods can boost the region’s responses to calls for climate change adaptation and mitigation, and achievement of environmental sustainability, according to an APEC Policy Support Unit policy brief.

 

Carlos Kuriyama, a senior analyst with the APEC Policy Support Unit, said that from a trade perspective, a more meaningful contribution in support of green growth requires a more comprehensive range of products.

 

“APEC economies should explore an expansion of its list of environmental goods, to cover new technologies that could contribute to green growth, but did not exist or had limited applications back in 2012; and encourage APEC economies to consider goods that are cleaner or more environmentally friendly,” he said.

 

The list is a commitment endorsed by leaders in 2012 to reduce tariff rates of 54 goods to 5 percent or less by the end of 2020 with the intention to improve access to environmental technologies and contribute to green growth and trade liberalization.

 

Source link

Share

All countries
347,307,474
Total confirmed cases
Updated on Jan 22, 2022 7:23 pm
Thailand
2,369,814
Total confirmed cases
Updated on Jan 22, 2022 7:23 pm
Indonesia
4,283,453
Total confirmed cases
Updated on Jan 22, 2022 7:23 pm
Singapore
307,813
Total confirmed cases
Updated on Jan 22, 2022 7:23 pm
China
105,547
Total confirmed cases
Updated on Jan 22, 2022 7:23 pm

Latest Updates

Most Viewed

Related Articles