Overview

With the UN Climate Change Conference failing to produce a comprehensive global environmental agreement, many countries are promoting less sweeping environmental initiatives upon which consensus may be reached more easily, such as a WTO proposal to eliminate import tariffs on ‘environmental goods’.
This effort, if successful, could provide meaningful benefits to companies that manufacture and/or import ‘environmental goods’, much like the WTO Information Technology Agreement did for information technology companies, and the WTO Pharmaceutical Agreement did for pharmaceutical and chemical companies, in the 1990s.

Here, Baker & McKenzie look at the issues involved in such an initiative.

Click ‘View Briefing’ to read more.