Negotiating Global Free Trade in Environmental Goods and Services
(Climate Action Plan, pp. 19–20.)
- Environmental Goods. Within the framework of the World Trade Organization (WTO), the Administration is to work with trading partners to launch negotiations toward global free trade in environmental goods. Recent consensus among 21 Asia-Pacific Economic Cooperation (APEC) economies to reduce tariffs on a list of 54 environmental goods is to serve as a foundation for this effort. The Administration is to seek expansion of the list and, over the next year, participation of countries that account for 90% of global trade in environmental goods.
- Environmental Services. The Administration is to work toward free trade in environmental services at the General Agreement on Trade in Services (GATS) negotiations.
Implementation, Progress, and Outcomes
January 24, 2014: The U.S. Trade Representative announced a new initiative led by a group of World Trade Organization (WTO) Members to eliminate tariffs on environmental goods such as solar water heaters, wind turbines, and catalytic converters. Partners in the initiative include Australia, Canada, the People’s Republic of China, the Republic of China, Costa Rica, the European Union, Hong Kong, Japan, Korea, New Zealand, Norway, Singapore, and Switzerland, which together account for 86% of global trade in environmental goods. (See Press Release, U.S. Trade Rep., U.S. Trade Representative Froman, Fellow Trade Ministers Plan New Talks Toward Increased Trade in Environmental Goods (Jan. 24, 2014); see also Joint Statement Regarding Trade in Environmental Goods.)
This page was last updated on Feb. 5, 2014.