ROLE OF EGA IN IMPLEMENTING CLIMATE ACCORDS V A LUE O F EG A IN - - PowerPoint PPT Presentation

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ROLE OF EGA IN IMPLEMENTING CLIMATE ACCORDS V A LUE O F EG A IN HELP IN G C HIN A M EET ITS EN V IRO N M EN TA L G O A LS EGA I n July 2014, the U.S. Unite d Sta te s a nd 13 o the r c o untrie s la unc he d ne g o tia tio ns a t the

SLIDE 1

ROLE OF EGA IN IMPLEMENTING CLIMATE ACCORDS

V A LUE O F EG A IN HELP IN G C HIN A M EET ITS EN V IRO N M EN TA L G O A LS

SLIDE 2

EGA

n July 2014, the U.S. Unite d Sta te s a nd 13 o the r c o untrie s la unc he d ne g o tia tio ns a t the Wo rld T ra de Org a niza tio n (WT O) to e limina te ta riffs o n e nviro nme nta l g o o ds

he se na tio ns ma ke up 85 pe rc e nt o f the g lo b a l ma rke t in e nviro nme nta l g o o ds.

Sinc e July, I

sra e l a nd T urke y jo ine d the ne g o tia tio ns.

he ne g o tia tio ns b uild o ff the Asia Pa c ific E c o no mic Co o pe ra tio n F

rum (APE

C) e nviro nme nta l initia tive , whic h liste d 54 g o o ds fo r ta riff re duc tio ns

SLIDE 3

EGA (CONT)

Ne g o tia ting 10 c a te g o rie s o f e nviro nme nta l g o o ds
Air po llutio n (APC); Cle a ne r a nd re ne wa b le e ne rg y(CRE

); E ne rg y e ffic ie nc y (E E ); E nviro nme nta l mo nito ring a na lysis a nd a sse ssme nt(E MAA); E nviro nme nta l re me dia tio n a nd c le a n-up (E RC); E nviro nme nta lly pre fe ra b le pro duc ts (E PP); No ise a nd vib ra tio n a b a te me nt (NVA); Re so urc e e ffic ie nc y (RE ); So lid a nd ha za rdo us wa ste ma na g e me nt (SHWM); a nd Wa ste wa te r ma na g e me nt a nd wa te r tre a tme nt (WMWT )

F
c use d o n g o o ds in e a c h c a te g o ry tha t:
ha ve a n e nviro nme nta l use ;
c o ntrib ute to a ddre ssing e nviro nme nta l c ha lle ng e s, a nd
a re c o mple me nta ry to the APE

C list

SLIDE 4

EGA HELPS DOMESTIC POLICY GOALS

i K e q ia ng de c la re a “Wa r o n Po llutio n” during Na tio na l Pe o ple ’ s Co ng re ss in 2014

Re ne we d fo c us o n re duc ing

e missio ns due to pub lic de ma nd

Pa ris a g re e me nt to c urb

c lima te -wa rming e missio ns ra tifie d b y China a t the G20

L i Ke q iang , Pre mie r Marc h 5, 2014 “We will re solute ly de c la re wa r a g a inst pollution a s we de c la re d wa r a g a inst pove rty”

SLIDE 5

ENVIRONMENTAL GOODS AND CLIMATE CHANGE

he E GA will b e instrume nta l in imple me nting c lima te c o mmitme nts

L
we r the c o st o f ke y te c hno lo g ie s to re duc e b la c k c a rb o n,

inc re a se e ne rg y e ffic ie nc y a nd tra nsitio n to re ne wa b le s

GA will:

L
we r c o st o f

c o mplia nc e

nc re a se a do ptio n

f e ne rg y e ffic ie nt

te c hno lo g ie s

SLIDE 6

TRADE IN ENVIRONMENTAL GOODS

Glo b a l tra de in E

Gs a lre a dy to ta ls ne a rly US$1 trillio n a nnua lly, with a n inc re a sing ly la rg e pe rc e nta g e in So uth-So uth tra de flo ws, le d b y China (UNE P).

n fa c t, the g lo b a l ma rke t fo r lo w-c a rb o n a nd e ne rg y-e ffic ie nt te c hno lo g ie s is pro je c te d to ne a rly do ub le b y 2020. T his “o ffe rs de ve lo ping c o untrie s a n unpre c e de nte d o ppo rtunity to drive the g re e n e c o no my tra nsitio n,” a c c o rding to Unite d Na tio ns Unde r-Se c re ta ry Ge ne ra l a nd UNE P E xe c utive Dire c to r Ac him Ste ine r.

SLIDE 7

STUDY METHODOLOGY

Utilize s e xisting Ge ne ra l Sta tistic a l I

nfo rma tio n Mo de l (GSI M)

Co mpute d using pa rtia l e q uilib rium
Mo de l re vie we d re duc ing ta riffs to 0 pe rc e nt in 14

c o untrie s invo lve d in ne g o tia tio ns. No sta g ing pe rio ds

ra de da ta a nd ta riffs a re fro m Wo rld Ba nk Wo rld I nte g ra te d T ra de So lutio n (WI T S)

SLIDE 8

EGA STUDY KEY TAKEAWAYS

nc re a se s China ’ s GDP a nd na tio na l inc o me b y b illio ns o f do lla rs;

nc re a se s e xpo rts b y ne a rly $27 b illio n, up b y 9.8 pe rc e nt;

nc re a se s re a l spe nding o f ro ug hly $22 b illio n a nnua lly o n e nviro nme nta l g o o ds; a nd

Re sults in g ains o f appro ximate ly $659 b illio n

annually in e c o no mic b e ne fits linke d to impro ve d e nviro nme ntal q uality.

SLIDE 9

ESTIMATED IMPACTS OF ENVIRONMENTAL GOODS TARIFF ELIMINATION ON CHINA, 2014

Change in Chine se e xpor ts, % +9.80% Change in Chine se e xpor ts, value

+$26.6 b illio n

Change in Chine se GDP, value

+$9.0 b illio n

Change in Chine se GDP, %

+0.01%

Change in pr ic e s paid by Chine se pur c hase r s of e nvir

nme ntal goods
0.47%

Change in quantity of Chine se inve stme nt in e nvir

nme ntal goods, value at c ur

r e nt pr ic e s

+$21.97 b illio n

Ne t impac t on Chine se e c onomy (national inc ome )

+$2.5 b illio n

Ne t impac t on Chine se e c onomy (national inc ome )

+0.004%

SLIDE 10

VALUE OF ECONOMIC BENEFITS OF IMPROVED ENVIRONMENTAL QUALITY

Cate gor y Value (Billions of Dollar s

T OT AL $659.1

Air Po llutio n Co ntro l 74.8 Cle a ne r a nd Re ne wa b le E ne rg y 304.0 E ne rg y E ffic ie nc y a nd Re so urc e E ffic ie nc y 103.2 E nviro nme nta l Mo nito ring , Ana lysis a nd Asse ssme nt 45.6 E nviro nme nta lly Pre fe ra b le Pro duc ts 10.2 E nviro nme nta l Re me dia tio n a nd Cle a nup 4.4 No ise a nd Vib ra tio n Ab a te me nt 14.5 So lid a nd Ha za rdo us Wa ste Ma na g e me nt 41.9 Wa ste wa te r Ma na g e me nt a nd Wa te r T re a tme nt 17.9

SLIDE 11

CONCLUSION

GA o ffe rs a re a l o ppo rtunity fo r China to le ve ra g e its inve stme nt in e nviro nme nta l te c hno lo g y a nd e xpe dite the diffusio n thro ug ho ut its e c o no my.

While the e stima te d sa ving s o n inve stme nt o f $22

b illio n do lla rs is sig nific a nt, a n e ve n g re a te r pa yo ff is the b e ne fits, whic h c o uld e a sily b e hundre ds o f b illio ns o f do lla rs tha t will a c c rue to China a s a ir a nd wa te r po llutio n a re re duc e d, e ne rg y e ffic ie nc y is impro ve d, a nd re ne wa b le e ne rg y so urc e s a re ma ximize d