Environmental Goods Agreement Wiki

The trade and environment negotiations are part of the Doha Development Agenda launched at the fourth WTO Ministerial Conference in Doha, Qatar, in November 2001. The overall objective is to strengthen mutual assistance in trade and environmental policy. The negotiations focus on three main themes: several factors have contributed to the non-participation of developing countries. First, in rich countries, tariffs on environmental products are about 0.5%, with few tariff peaks. In terms of tariffs, the stakes are therefore very low for the current participants in the EGA negotiations. Second, as might be expected, the average rates applied on both lists are increasing with a declining level of income (Figure 1). When an agreement is reached for the appointment of advisors, it is usually a designation, not a contract. For more information, see: Appointment of advisors. Delegates from 17 WTO members negotiated the agreement on environmental products in the hope of reducing tariffs on many environmental goods. The negotiations aim to improve the transfer of more environmentally friendly and cost-competitive technologies, including air pollution control technologies, waste treatment, renewable energy, environmental monitoring and energy efficiency. [7] The WTO hopes to make better quality environmental products available at a lower cost and help developing countries accelerate the process of acquiring clean technologies. The agreement also aims to reduce environmental protection costs and create « green » jobs for people around the world.

Products that contribute directly to environmental protection and climate change mitigation: a third important part of the WTO`s WORK is the resolution of trade disputes. Trade relationships are often linked to conflicting interests. Agreements, including those that are carefully negotiated under the WTO system, must be eliminated. The most harmonious way to resolve these disputes is a neutral procedure, based on an agreed legal basis. This is the purpose of the dispute settlement procedure, which has been included in the WTO agreements.