The health of a market is determined by a functional system of enforcement. Specifically, environmental markets develop in settings where the cost of non-compliance with environmental rules exceeds that of compliance. Instead, markets for environmental technologies are driven by environmental regulations. These markets are not driven by environmental needs, like the lack of potable water, nor are they driven by conservation philosophies, such as the desire to protect natural resources for future generations. Rules Supersede Needs in the Global Market for Environmental Technologies Please contact ITA for information on this chart.Įnvironmental technologies generally are categorized by the three environmental mediums they are designed to protect or provide: water (blue), air (red), and soil (orange). Source: EBI International with ITA analysis. Afford the provision and delivery of environmental resources.Design, develop and operate environmental infrastructure and. Generate compliance with environmental regulations.Foster environmental protection and physical resource efficiency in industrial settings.From an industry perspective, environmental technologies are defined as all industrial goods and services that: In practice, producers of environmental technologies have a clear definition for their sector. This is particularly important for environmental technologies, since the term could include any permutation of goods and services that might fall under the nebulous category of being environmentally friendly or beneficial. Understanding Global Environmental Marketsīefore a government strategy to address the opportunities and challenges to environmental technology exports can be developed, a common definition of the environmental technology industry must be established. Please contact ITA for information on this data. Economic Development Organizations (EDO).Foreign Direct Investment Attraction Events.Facing a Foreign Trade AD/CVD or Safeguard Investigation?.
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