The Trade Sustainability Impact Assessment (Trade SIA) on the Environmental Goods Agreement (EGA) is a European Commission initiative to analyse the impacts of trade liberalisation in environmental goods and services and seek broad stakeholder input. This website serves as a portal to all aspects of the project.
Thank you for your interest in the Trade Sustainability Impact Assessment (Trade SIA) on the Environmental Goods Agreement (EGA) negotiations, also known as the “Green Goods Initiative”. The Trade SIA uses qualitative and quantitative research to assess the potential environmental, economic and social impacts of the liberalisation of trade in environmental goods and services.
The Environmental Goods Agreement
On 24 January 2014 at the World Economic Forum in Davos, the EU, together with 13 other WTO members pledged to launch negotiations to liberalise global trade in environmental goods. The negotiations employ the APEC List of 54 Environmental Goods as a starting point with the intent of expanding it to include a “broad list of additional products”. The relevance of the agreement in terms of the size and scope of potential impacts is significant: states currently engaging with the plurilateral negotiations account for approximately 86 percent of global trade in the environmental goods sector.
A key objective of the negotiations is to create a 'living agreement' that would be able to respond to the changes in technologies in the years to come, to add new products, as well as to potentially address trade in environmental services and non-tariff barriers. The list of environmental goods will be determined in the negotiations, in which each participant will be able to submit their own proposals.
The Trade SIA
The Directorate General for Trade of the European Commission has sponsored this Trade Sustainability Impact Assessment (Trade SIA) of the Environmental Goods Agreement to be carried out by DEVELOPMENT Solutions. The project consists of two complementary components of equal importance: first, an assessment of how the elimination of tariffs in environmental goods as well as potential liberalization of related services under the proposed agreement will impact a range of environmental, economic and social factors, conducted through desk research and qualitative and quantitative analysis. Second, a thorough consultation process involving a diverse range of potential stakeholders will provide feedback and further opportunities for information gathering.