Benefits from the liberalisation of trade in environmental goods and services - Case study: Brazil
In the 1990s, Brazil made significant progress in streamlining its regulatory processes, tightening pollution regulations and strengthening enforcement, all of which encouraged several industrial sectors to invest heavily in pollution prevention, end-of-pipe control or remediation, and forced exporting sectors to comply with even stricter standards to satisfy consumers in foreign markets.
Experience with Brazil also reveals that the surge of investments in environmental goods and services, in particular those from the private sector can be attributed to the increasing number of companies with environmental management systems and the adoption of international environmental performance standards by exporters and multinational companies.
Long abstract
