Climate Friendly Goods are defined broadly as products, components, and technologies which tend to have a relatively less adverse impact on the environment. CFG constitute low carbon growth technologies. For example, one subcategory of CFG is clean coal technology, which improves energy efficiency and reduces environmental impacts. Clean coal technology includes technologies of coal extraction, coal preparation, and coal utilization. Wind technology (another sub category of CFG) focuses on wind energy generation and is composed of three integral components: gear box, coupling, and wind turbine. The study also observes that trade of such CFG has a regional bias for most of the countries in the region, although, almost all are net importers from Japan, Hong Kong, and more recently China. CFG is a part of a wider group of named environmental goods and services (EGS). Environmental goods can be understood as equipment, material or technology used to address a particular environmental problem or as a product that is itself environmentally preferable to other similar products because of its relatively benign impact on environment. Environmental services are provided by ecosystems or human activities to address environmental problems and to help minimize environmental damages and protect the bio-sphere of the earth. EGS can be classified as environmental goods comprising of pollution management products, cleaner technologies and products, resource management products and environmentally preferable products. EGS also has environmental services comprising of sewage services, reuse services, sanitation, and similar services, and others.
Published in Chapter:
Climate Change, Trade Competitiveness, and Opportunity for Climate Friendly Goods in SAARC and Asia Pacific Regions
Soumyananda Dinda (Sidho Kanho Birsha University, India)
Copyright: © 2016
|Pages: 22
DOI: 10.4018/978-1-4666-8814-8.ch026
Abstract
This paper examines trade performance of climate friendly goods using some trade indices for South Asia and Asia Pacific countries during 2002 - 2008. Climate friendly goods (CFG) are those goods which are less harmful to environment. Paper identifies performance of Asia Pacific region in CFG trade with other nations. Most of the countries in Asia are importers of climate friendly goods and technologies. The Comparative advantage analyses indicate that Hong Kong, China, and Japan have comparative advantage in the production of CFG goods. Pakistan, Sri-Lanka, and India prefer to trade in CFG regionally and have shown interest in production and trade of clean coal technologies (CCT). East and South East Asia regions have comparative advantage in Solar Photovoltaic Systems (SPVS) and Energy Efficient Lighting (EEL). Japan, China, Malaysia and Macao show good in 2008 for SPVS.