Archive for the ‘Green and Sustainable’ Category

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Participants in the Renewable Energy Trade Mission to Turkey Find Business Partnerships

January 9, 2012

Ryan Barnes is an International Trade Specialist in the Office of European Country Affairs within the Market Access and Compliance division of the International Trade Administration.

Renewable Energy and Energy Efficiency Trade Delegation to Turkey, December 5-9, 2011

Renewable Energy and Energy Efficiency Trade Delegation to Turkey, December 5-9, 2011

Just last month, I accompanied Michael Camuñez, Assistant Secretary for Market Access and Compliance as he led 16 U.S. Renewable Energy & Energy Efficiency companies on a Trade Mission to Turkey. The delegation included U.S. energy firms as well as officials from Trade Promotion Coordinating Committee (TPCC) agencies: Export-Import Bank, Overseas Private Investment Corporation, U.S. Department of Energy and U.S. Trade and Development Agency. The delegation visited Ankara, Izmir and Istanbul, where numerous opportunities exist for these firms.

The staff of the International Trade Administration recruited a variety of companies for the mission.  The group included energy giants such as General Electric, Johnson Controls, and AES as well as nine small and medium-sized enterprises on the leading edge of renewable energy technology.  Of the sixteen firms, whose products range from solar panels to cooling systems, eleven had never before done business in Turkey.  One firm, World Business Capital, was also there to provide financing.

The mission’s main objective was to introduce the participants to potential Turkish business partners.  U.S. firms met with numerous Turkish counterparts in one-on-one meetings to discuss possible joint venture opportunities.  More than 340 of these business to business matchmaking meetings took place during the five-day mission. 

The trade mission could not have come at a better time.  Bilateral trade between the U.S. and Turkey is set to break records in 2011, with projections of roughly $20 billion in total trade.  And the energy sector, in particular, is ripe for U.S. trade and investment.  Turkish energy demand is due to grow at a rate of seven to nine percent annually.  To help accommodate this growing demand, the Turkish government will invest roughly $130 billion by 2023, and has placed a great deal of emphasis on renewable energy.  Ankara has plans to achieve 30 percent renewable energy production by 2023, and has called for $40 billion in investment in this sector by 2020. Turkey also passed an updated renewable energy law in December 2010 to provide even further investment incentives.

The U.S. Government has worked to develop this burgeoning market.  In addition to the trade mission, there is a newly launched interagency project known as the “Near Zero Zone”.  This project, led by the U.S. Department of Energy, is helping industrial companies operating within the Izmir Ataturk Organized Industrial Zone (IAOSB) reduce their energy usage through a series of cost-effective efficiency upgrades.  One of key stops during the trade mission was to this Near Zero Zone site in Izmir.

The trade mission, along with the Near Zero Zone, helped with the formation of business partnerships and provided opportunities to match high quality U.S. supply with growing Turkish energy demand.  The potential for mutual gain in this arena is enormous.  Already, trade mission participants have reported a potential $40 million in business deals.   We hope this is just the beginning.

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Online Toolkit Helps U.S. Manufacturers Go Green

November 1, 2011

This post contains external links. Please review our external linking policy.

The Sustainable Manufacturing Toolkit, a new, free online resource developed with input from the International Trade Administration, can help U.S. businesses measure their environmental performance and thereby become more competitive.

by John Ward, a writer in the International Trade Administration’s Office of Public Affairs.

This start-up guide is part of the new Sustainable Manufacturing Toolkit, an online resource created with input from the International Trade Administration.

This start-up guide is part of the new Sustainable Manufacturing Toolkit, an online resource created with input from the International Trade Administration.

Sustainable manufacturing—that is, the creation of products in an environmentally and socially responsible manner—has become a business buzzword lately. But as companies face increased costs for materials, energy, and regulatory compliance, sustainable manufacturing has also come to be recognized as a smart business practice, as more and more manufacturers realize that “greening” their processes can be a key strategy for achieving global competitiveness.

It was in response to a dearth of internationally comparable performance indicators for sustainable manufacturing that the International Trade Administration (ITA) joined with the Organization for Economic Cooperation and Development (OECD), an international body headquartered in Paris, France, to develop the recently released Sustainable Manufacturing Toolkit.

Guide and Portal

The toolkit consists of two parts: a 52-page start-up guide, which provides a step-by-step approach to measuring and benchmarking environmental performance, and a web portal, which supplements the guide with more technical guidance, data tools, and useful links.

The heart of the start-up guide is a series of seven steps that companies can take to prepare, measure, and improve their sustainable manufacturing processes. The discussion of these steps is enhanced by seven “good practice” profiles that highlight successful efforts undertaken by manufacturers from around the world, including three located in the United States.

The inclusion of the real-world examples is an important element, notes Andrew Wyckoff, director of the OECD’s Directorate for Science, Technology, and Industry. “We think it is important for [companies] to have the right tools, but also to be informed about what works. That’s why we have included .… [these] best practice case studies that illustrate the many benefits of sustainable manufacturing.”

How to Access the Toolkit

The Sustainable Manufacturing Toolkit is available online at www.oecd.org/innovation/green/toolkit. Resources available on the site include a downloadable booklet, Start-up Guide: Seven Steps to Environmental Excellence, as well as a variety of links to technical advice and examples of good practices.

Focus on Needs of Smaller Enterprises

The global market for low-carbon products already exceeds $5 trillion, according to the OECD. Companies that can demonstrate green credentials will enhance their viability in the marketplace. But this can prove a particularly daunting challenge to small and medium-sized enterprises (SMEs). According to the OECD’s Wyckoff, while SMEs account for approximately 99 percent of all enterprises, and two-thirds of employment, in the 34 countries that are members of the OECD, many have not yet embraced the opportunities that come with the adaptation of sustainable manufacturing processes. “They may be struggling with their short-term survival, or cost pressure from clients, or lack of knowledge and resources to invest in environmental improvement, or simply not know where to start.” Thus, the toolkit was especially designed with the needs of small manufacturers in mind.

Close Collaboration

The development of the toolkit was the result of a close collaboration between ITA and the OECD that began in 2006. The OECD was well situated to develop the toolkit due to its access to a wide array of public and private stakeholders and its unique collection of statistical data from around the world. This allowed for an unparalleled degree of comparability and applicability across borders.

For its part, ITA was able to draw on the knowledge and experiences of a large number of U.S. experts through its leadership in the OECD’s Committee on Industry, Innovation and Entrepreneurship. By providing access to both business practitioners and academic specialists active in the field of sustainable manufacturing, ITA was able to facilitate the development and refinement of the toolkit, thus assuring that it was both user-friendly and met the real needs of industry.

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Things are “Greener” on the Other Side: Under Secretary Francisco Sánchez Promotes Renewable Energy Policy in Mexico

September 27, 2011

Carrie Bevis is an intern in the International Trade Administration’s Office of Public Affairs. She is a second-year student at the University of Virginia.

Things are starting to look “greener” on the other side – of the U.S.-Mexico border that is! This week, our Under Secretary for International Trade Francisco Sánchez promoted partnerships between U.S. companies and Mexican officials in an effort to advance Mexico’s clean energy goals and create export opportunities for U.S. companies. Under Secretary Sánchez was joined by 26 senior-level U.S. business executives from 19 U.S. clean energy companies for two days of policy discussions with key Mexican officials focused on renewable energy and energy efficiency policy development.

The policy visit was developed through the Renewable Energy and Energy Efficiency Export Initiative (RE4I), which is led by ITA’s Manufacturing and Services unit. In the RE4I, ITA committed to creating new markets for U.S. renewable energy and energy efficiency exports through trade policy missions.

Under Secretary Francisco Sanchez (right) meets with members of the USA Pavilion at GREEN Expo in Mexico

Under Secretary Francisco Sanchez (right) meets with members of the USA Pavilion at GREEN Expo in Mexico

Given Mexico’s proximity to the United States and its resource potential, few markets offer as much potential for future U.S. renewable energy and energy efficiency exports as Mexico. However, despite high-level political support, relatively little development has taken place in the sector to date. Mexico currently generates only 2% of its electricity from renewable energy sources – mostly from hydropower.

 “We are pleased to see this initiative begin to manifest itself through deeper cooperation with such a valuable trading partner,” announced Matt Card, Suniva’s Vice-President of Sales for the Americas at the event. “Roundtables such as this are a vital component in the growth of the strong economic and job-creation engine that renewable energy potentially represents to both our countries.”

While in Mexico, Under Secretary Sánchez also took part in the 19th annual GREEN (Global Resources Environmental & Energy Network) Expo. The GREEN Expo hosted four main exhibits including Enviro Pro, focused on Mexico’s environmental sector, Power Mex Clean Energy and Efficiency, targeting clean energy companies; Water Mex, centered on sustainable and clean water consumption; and Green City, aimed at green urban development projects. The four exhibits attracted several U.S. companies spanning the clean energy industry.

During his visit, Under Secretary Sánchez touched on the multiple benefits of increased renewable energy and energy efficiency exports, stating, “For Mexico, and the rest of the world, clean energy technologies present a unique opportunity to achieve the triple bottom line: profits for businesses, jobs for people and a healthier planet for all.”

 

 

 

 

 

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Promoting Green Growth in APEC by Removing Barriers to Trade in Clean Energy Technologies

September 19, 2011

Ryan Mulholland is an International Trade Specialist within the International Trade Administration. His focus is renewable energy and energy efficiency.

In the decades ahead, millions of people will migrate from rural communities to the burgeoning urban centers of the Asia-Pacific. The new urban dwellers will demand electricity to help start business, power modern amenities, and promote a rising standard of living.

Already the 21 economies of APEC account for 40 percent of the world’s population and more than half (54%) of the world’s gross domestic product. The APEC economies account for an even larger share of the world’s energy consumption (60%), yet based on the region’s future growth the region will likely increase its proportion of the global energy demand in the coming decades and will likely be disproportionately affected by the adverse effects of climate change.

While daunting, the challenges presented by these facts represent an opportunity for the Asia-Pacific region. Working together, the 21 APEC economies could utilize their abundance of renewable energy potential and existing manufacturing capacity to become a leader in clean energy trade – particularly solar energy.

To help facilitate trade in solar energy technologies, the Office of the U.S. Trade Representative and  International Trade Administration, with funding from U.S. AID and Underwriters Laboratories (UL) and the support of the Solar Energy Industries Association (SEIA) and Intertek and the U.S. Department of Energy, hosted an APEC Conference on Facilitating Trade in Solar Technologies through Standards and Conformity Assessment.

The conference was part of APEC’s Senior Official’s Meeting in San Francisco and will be followed by a more specific conference in Chinese Taipei focused on performance and durability of solar photovoltaics. The results of the APEC Solar Technologies Survey were presented at this conference by Underwriters Laboratories, who led the organization of a survey completed by 15 of the 21 economies.  The survey laid out the regulatory landscape and other voluntary and mandatory measures being implemented for solar technologies in the APEC Region.

As Matthew McGuire, director of Commerce’s Office of Business Liaison noted during the conference, “rather than developing our solar industries separately, we must collaborate. These technologies are too important to our collective futures to not work together.”

The APEC accounts for nearly 90 percent of the world’s solar manufacturing capacity for photovoltaic cells and modules. The APEC region enjoys some of the best solar locations in the world. But much more can be done. Rather than developing solar industries separately with trade barriers erected to keep foreign products out, the APEC economies can capitalize on their existing advantages and become an example to the rest of the world.

Use of international standards, for example, could be adopted and aligned in the Asian Pacific. Greater acceptance of third-party certification among APEC economies is also a goal. These types of changes could facilitate trade and help to reduce the unnecessary costs associated with manufacturing products to different standards for different markets.

The San Francisco conference sought to address a simple truth: without quality performance standards, consumers of solar energy products must bet on unfamiliar technologies without knowing if they will work as promised. When a consumer’s initial exposure to solar energy is so important, the lack of performance standards can lead to the proliferation of illusory bargains where cheap products hide their high maintenance costs and short product life and ultimately could taint any future use of solar energy.

Several private sector participants took part in the conference, including Eric Hafter from Sharp Solar Energy Solutions and Keith Williams from Underwriters Laboratories. Schneider Electric, Dupont Photovoltaic Solutions, Western Renewables Group, Intertek, and Satcon Technology Corporation also took part in the conference.

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Alternative Aviation Fuels Create Big Buzz at 2011 Paris Air Show

July 1, 2011
This post contains external links. Please review our external linking policy.

Nicole Y. Lamb-Hale is Assistant Secretary for Manufacturing and Services (MAS) within the International Trade Administration (ITA).

The Paris Air Show once again proved to be an exciting venue for innovative technologies, particularly alternative fuels.  A highlight of the show was the Alternative Aviation Fuels Showcase, hosted in the U.S. Pavilion.  In addition to myself and Under Secretary for International Trade Francisco Sánchez, a number of senior U.S. government officials, including Transportation Secretary Ray LaHood and Agriculture Secretary Tom Vilsack, stopped by the booth to chat with U.S. companies about their new technologies.

The Showcase was the center of attention on Wednesday, when the Commercial Aviation Alternative Fuels Initiative (CAAFI) and Kallman Worldwide hosted an entire day dedicated to attracting investment for the commercial production of alternative jet fuels.  My Aerospace Team has been collaborating with CAAFI and Kallman for six months to promote this event.  Their efforts proved very successful — over 100 people attended various portions of the day’s events, which included panels on the investment community’s perspective on alternative fuels and on government programs supporting biofuel development. 

During my remarks at the Showcase’s investment day, I had the pleasure of introducing Barry Johnson, the recently appointed head of the new SelectUSA initiative, a government-wide initiative housed in the Department of Commerce.  President Obama created SelectUSA on June 17 to showcase the United States and encourage, facilitate, and accelerate business investment in the United States.  

Under Secretary for International Trade Francisco Sánchez (left), ITA Assistant Secretary for Manufacturing and Services Nicole Y. Lamb-Hale (right) and AltAir Founder and CEO Tom Todaro (middle) at the Alternative Aviation Fuels Showcase at the 2011 Paris Air Show.  Photo Courtesy of Kallman Worldwide.

Under Secretary for International Trade Francisco Sánchez (left), ITA Assistant Secretary for Manufacturing and Services Nicole Y. Lamb-Hale (right) and AltAir Founder and CEO Tom Todaro (middle) at the Alternative Aviation Fuels Showcase at the 2011 Paris Air Show. Photo Courtesy of Kallman Worldwide.

U.S. Agriculture Secretary Tom Vilsack earned the distinction as the first U.S. Agriculture Secretary to attend a Paris Air Show.  In his remarks to aviation business leaders, Secretary Vilsack indicated that President Obama is planning a major announcement in the “next 30 days or so” regarding the U.S. government’s effort to help develop biofuel.  The Secretary also highlighted U.S. government support for aviation alternative fuels through USDA’s memoranda of understanding with several government and aviation-related agencies, including the Department of Energy, the Air Transport Association, the Federal Aviation Administration, and the U.S. Navy, on efforts to research and develop renewable energy and the infrastructure to support it.

Throughout the week there were a number of exciting announcements related to alternative fuels.  U.S. company Gulfstream completed the first non-stop transatlantic flight using a 50/50 blend of biofuel and petroleum fuel.  The Gulfstream G450 is the first business jet powered by a biofuel and the flight set a record as the first biofuel-powered transatlantic flight.  Later that week, Boeing flew its 747-800 using a fuel with a 15 percent blend of bio to petroleum fuel.  Both fuels were produced by Honeywell Aerospace.  In addition, seven airlines signed letters of intent to negotiate purchase of biomass-derived jet fuel from California-based Solena Fuels.  Another U.S. company, Sapphire Energy, announced that it will produce 20,000 barrels of algae-based jet fuel in two years with the goal of producing at commercially viable levels within seven years.

The companies in the Showcase promoted biofuels as a technically viable replacement for conventional petroleum jet fuels and as a way to help the airline industry reduce its carbon footprint.  In fact, alternative jet fuels could soon be used to power commercial flights.  This summer the standard setting body, ASTM International, is widely expected to certify Hydrotreated Renewable Jet (HRJ) fuel.  HRJ is processed from weedy plants and animal fats and is chemically identical to the crude oil that runs today’s flights.  Following ASTM certification, companies would have a greater incentive to build bio-refineries to produce HRJ fuel on a commercial scale.  In addition to HRJ, another pathway being researched is Alcohol-to-Jet (ATJ) — fuels derived from alcohol-based sources.  Touted as a low-cost route to production of jet fuel, ATJ research is being funded and conducted by the U.S. military and by U.S. companies such as GEVO and SRI International.  Full certification of ATJ by ASTM is expected by 2013.

One green initiative that I am particularly proud of involves my hometown of Detroit, Michigan, which is using its land to farm bioenergy crops.  The Wayne County Airport Authority, operator of Detroit Metropolitan Wayne County Airport, has agreed to partner with Michigan State University Extension to grow, harvest, and process bioenergy crops on the property of Detroit Metropolitan Wayne County Airport and another of the authority’s airports, Willow Run.  The Michigan Economic Development Corporation is supporting the project with a $476,000 grant.  If successful, the project will attract businesses in the area to produce alternative fuels, bring economic development to southeast Michigan and protect land around the airports.

The desire for cleaner, more sustainable fuel sources is a global concern, and everyone on the planet will benefit from reduced dependence on petroleum fuels.  ITA is committed to fostering a green economy so that industry will lead the way in winning the jobs of the future.  As President Obama said, we must seize the moment and accelerate the transition to clean energy.  We, in ITA, will continue to work with U.S. aviation alternative fuel companies and our interagency partners to support this objective.  It was exciting to be part of this event and to support a rapidly growing industry in which the United States is a global leader!

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Trade Roots and ITA Partner to Bring Green Products to Brazil

June 6, 2011

Cora Dickson is a Senior International Trade Specialist at the International Trade Administration(ITA) in the Office of Energy and Environmental Industries. She is also the coordinator for the Export Green: Brazil project under the Market Development Cooperator Program.

You may recall when I reported here in November on the launch of “Export Green: Brazil” at the Americas Competitiveness Forum. Now, the two-year project under ITA’s Market Development Cooperator Program is getting into full swing with its first trade mission to São Paulo and Rio de Janeiro August 28-September 2.

In partnership with the Brazil-U.S. Business Council and Trade Roots, two entities within the U.S. Chamber of Commerce, ITA already provides technical assistance for activities under Export Green. Today, Assistant Secretary for Manufacturing and Services Nicole Lamb-Hale raised the profile of their Certified Trade Missioneven further by announcing her participation in key events of the mission to highlight U.S. companies’ ability and desire to fulfill Brazil’s green technologies needs.

Assistant Secretary for Manufacturing and Services Nicole Y. Lamb Hale during the "Opportunities for Colorado Green Companies in Brazil" event in Denver

Assistant Secretary for Manufacturing and Services Nicole Y. Lamb Hale during the "Opportunities for Colorado Green Companies in Brazil" event in Denver

Approximately 15-20 green tech companies will participate in the trade mission, which is focused on green building solutions and will coincide with the “Brazil Green Build Conference and Expo” in São Paulo. Participating companies will also benefit from ITA’s matchmaking services by having a day of meetings in São Paulo with potential business prospects. In Rio de Janeiro, the delegation will take part in a conference organized by Export Green and also take a tour of the Porto Maravilha, a district revitalization project with a focus on LEED (Leadership in Energy and Environmental Design) certification.

As part of outreach for the mission, last month Assistant Secretary Lamb-Hale and I travelled to Denver for Export Green’s forum, Opportunities for Colorado Green Companies in Brazil. In her keynote speech, she expressed ITA’s enthusiasm: “We stand ready to help U.S. companies that want to export clean technologies, and we are ready to leverage our bilateral ties with Brazil. We have full confidence that the Brazil-U.S. Business Council and Trade Roots can open doors on this trade mission.”

When it hosts the upcoming World Cup (2014) and Olympics (2016), Brazil is hoping to showcase green infrastructure and architecture. Even small U.S. companies with innovative technologies can take advantage of subcontracting opportunities. Best prospects in the Brazilian green building sector include energy efficient lighting, smart systems for energy automation and management, water treatment, onsite renewable energy, and the use of recycled materials in design and construction.

To demonstrate the market potential for green technology products in Brazil, we recently hosted a webinar to talk about opportunities and strategies. My colleagues from ITA’s Brazil country desk and the Commercial Service in São Paulo gave their perspectives, in addition to my own sectoral analysis, and we had presentations from the Brazil-U.S. Business Council as well, including an overview of the trade mission itself. You can download the webinar presentations here. You can also watch a recorded version, found here – for access, use the conference number PW7277144 and the passcode 3706981. But this replay is only available until June 18, so be sure to check it out soon. The deadline for applications is June 29. For more information, see the Export Green website.

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Sustainable Manufacturing is Big Business for one Small Business in Bozeman

May 19, 2011

Tim Truman is a Supervisory Public Affairs Specialist currently covering the APEC Senior Officials Meetings and other events in Big Sky, Montana.

This week we’ve been talking a lot about small business, competitiveness, supply chain issues, and growing a green business here in Big Sky, Montana with the 21 economies of the Asia Pacific Economic Cooperation, or APEC. One business here in Bozeman stands out above the others.

Under Secretary of Commerce for International Trade Francisco J. Sanchez speaks at the West Paw Design event.

Under Secretary of Commerce for International Trade Francisco J. Sanchez speaks at the West Paw Design event.

West Paw Design is a Bozeman, Montana-based manufacturer of high-quality beds, toys and apparel for dogs and cats. The people behind the company are proud to offer eco-friendly pet products that are made in the USA. Beginning with certified organic cat nip in 1996, West Paw Design has continually added healthy, safe and eco-friendly materials to its growing mix of pet products. By using fill made from reclaimed plastic bottles for its stuffed beds and toys, the company has diverted more than 5 million plastic bottles from landfills to date. In addition to the recycled, recyclable and organic materials that go into many products, West Paw Design is driven by a responsibility to make environmentally sound choices when it comes to its manufacturing facility and processes used each day.

Not just eco-friendly and environmentally conscious but also profitable and competitive as well. West Paw Design exports to 25 countries and their products are available in 3,000 pet specialty retail outlets and online at www.westpawdesign.com

Today Commerce Secretary Gary Locke visited West Paw Design along with many representatives from the APEC Small and Medium Enterprise Working Group to see how West Paw Design has made use of many government and local resources to achieve the success in becoming a regional leader in the field of sustainable manufacturing.

West Paw Design is a prime example of how small manufacturing companies can take advantage of local, state and federal resources offered at minimal cost to help them become sustainable, competitive and profitable. They currently employ 41 people and profits have grown more than 10  percent in the past year while employment grew 17 percent.

Just a few of the resources that West Paw Design has used include an SBA 504 loan to expand its building. The expansion project supported 29 local jobs and generated over $2.5 million in total economic benefit to the community. Additionally, when looking to expand into new export markets, West Paw Design made use of the U.S. Commercial Service’s network of products and experts to learn about managing risk, foreign duty rates and VAT charges.

This event is an opportunity for participating companies and policy makers to learn about the types of resources APEC economies have developed to help small and medium enterprises implement sustainable business practices.

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Growing Your Small Green Business and APEC

May 15, 2011

Jane Siegel is an International Trade Specialist at the International Trade Administration who is focused on green building and sustainability issues.

More than 130 participants, both from public and private sector, from 14 Asia Pacific Economic Cooperation, or APEC economies will learn ways that small and medium-sized companies can implement best practices and make use of resources to become more green and sustainable during a seminar in Big Sky this weekend.

The seminar, consisting of three panels, will bring together business and government expertise focused on “How to Grow Your Small Green Business in APEC Economies.”  The three panels are designed to cover all of the important issues a small or medium-sized businesses working in the energy efficiency, renewable energy, or traditional environmental sectors seeking to export or grow the international side of their work needs to come to grips with as they move forward.

The Functional Panel deals with finance, regulatory and trade promotion.  To grow, smaller companies need to understand finance tools and strategies, the regulatory issues such as standards and the regulatory capacities of the countries in which they are interested.  The Regional Panel will assemble small companies, which have experienced success and challenges in China, Mexico, Canada, Philippines, Brunei and other APEC economies and share those stories with the audience.  Finally, the Sectoral Panel will provide information from companies working in solar energy, wastewater treatment, green building products, and design and engineering.  This seminar will have a practical orientation.

The companies participating in the day’s events will come away with a better understanding of the tools they need to implement to find success in exporting and growing their green businesses. The relationships and opportunities that result from this event will help to build a stronger community within the APEC region and lead to a more robust green community globally.

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Themes and Priorities for APEC in 2011

May 15, 2011

Mrs Brenda J Fisher is the Senior APEC Affairs Coordinator and has been working in International Trade Administration’s Market Access and Compliance unit for 28 years, of which the last 12 years have been focused on coordinating the US Dept of Commerce’s engagement in APEC

As APEC host in 2011, the United States will prioritize moving forward on concrete initiatives that build a “seamless regional economy” by achieving outcomes in specific priority areas:  (1) strengthening regional economic integration and expanding trade; (2) promoting green growth; and (3) expanding regulatory cooperation and advancing regulatory convergence.

As directed by Leaders, in 2011, APEC should seek to strengthen economic integration by working to define, shape, and address the next generation trade and investment issues that should be included in 21st century trade agreements in the region, including a Free Trade Area of the Asia-Pacific.  This could include working to eliminate non-tariff barriers to trade and prevent new barriers from emerging, agreeing to adopt policies and regulations that foster innovation and promote the use of information and communication technologies, and advancing structural reform objectives in APEC economies.  Leaders also directed APEC to continue to work to make it cheaper, easier, and faster for businesses, particularly small and medium-sized businesses, to trade in the region, including by taking steps to improve supply chain performance.

To promote green growth and help our economies make a successful transition to a clean energy future, APEC’s work to address barriers to trade in environmental goods could be accelerated, and work to remove tariffs and address non-tariff measures related to advanced technology demonstration products, such as vehicles, and to remanufactured and recycled goods could be advanced.  APEC will also consider how it could contribute to developing a work plan to eliminate fossil fuel subsidies and a strategy to combat trade in illegal forestry products.

Also this year, APEC will explore ways to expand regulatory cooperation and promote regulatory convergence.  Addressing barriers related to technical regulations, standards and conformity assessment requirements is essential to lowering the costs of doing business and strengthening regional economic integration.  We should seek agreement on regulatory processes, including updated good regulatory practices, and on substantive standards, particularly related to emerging technologies and regulatory issues.

Stay tuned for more posts covering topics such as “How to Grow Your Small Green Business” seminar hosted this weekend, seminars on business ethics, sustainable business practices and sustainable supply chains.

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Talking About APEC and Big Trade in Big Sky

May 15, 2011

Mrs Brenda J Fisher is the Senior APEC Affairs Coordinator and has been working in the International Trade Administration’s Market Access and Compliance unit for 28 years, of which the last 12 years have been focused on coordinating the US Dept of Commerce’s engagement in APEC

This weekend I am writing to you from the beautiful venue of Big Sky, Montana where the second Senior Officials Meeting for the Asia Pacific Economic Cooperation, or APEC is taking place. Additionally, the Small and Medium Enterprise (SME) Ministerial Meetings are being held her as well.

What is APEC?

The Asia-Pacific Economic Cooperation (APEC) forum was established in 1989 to take advantage of the growing interdependence among Asia-Pacific economies, to facilitate economic growth for all participants, and to enhance a sense of community.  It aims to improve regional trade and economic performance and linkages for the prosperity of the people in the region.  APEC aims to create greater prosperity for the people of the region by facilitating balanced, inclusive, sustainable, innovative and secure economic growth and by accelerating regional economic integration.

APEC has grown to become one of the world’s most important regional groupings.  Its 21 member economies are home to more than 2.7 billion people and represent approximately 54 percent of world real GDP and 44 percent of world trade.  APEC is the most economically dynamic region in the world.  Since APEC’s inception, members have experienced average annual GDP growth of 3.6 percent, versus 2.9 percent growth in non-APEC economies (on a purchasing power parity basis).

APEC is a unique forum, operating on the basis of open dialogue and respect for the views of all participants. In APEC, all economies have an equal say and decision-making is reached by consensus. There are no binding commitments, compliance is achieved through discussion, and mutual support in the form of economic and technical cooperation.

APEC has helped to reduce tariffs and other barriers to trade across the Asia-Pacific region.  Business transaction costs were reduced by 10 percent between 2002 and 2010.  APEC has worked to create an environment to ensure the safe and efficient movement of goods, services and people across borders through policy decisions and capacity building.  During this period, APEC member economies have grown, and developing economies in particular have experienced substantial increases in GDP and standards of living.

The forum constantly adapts to allow members to deal with important new challenges to the region’s economic well-being.  This includes combating corruption, planning for pandemics and natural disasters, countering terrorism, addressing climate change and implementing structural policy reform.

Priorities for APEC USA 2011

In 2007, the United States volunteered to host the four major sets of APEC meetings in 2011:  in March in Washington, DC, in May in Big Sky, Montana, in September in San Francisco, and in November in Honolulu.   In Montana, APEC’s Trade Ministers and APEC’s Small and Medium Enterprise Ministers will meet separately (on May 19-20 and May 21, respectively) and also come together for the first time in a joint session on May 20.  A “Women in the Economy” Summit and joint Energy and Transportation Ministers meeting will be held in September.  APEC Trade Ministers will meet again in November, as will APEC’s Finance Ministers, immediately prior to the APEC Economic Leaders’ Meeting in Honolulu.

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