For the United States to benefit from the growth in this rapidly expanding basket of technologies, it needs to focus on three areas of activity: identifying the goods that best contribute to global climate goals, investing in the development of technology where the United States can have a competitive advantage, and creating fair rules for trade in those products.
Global trade in green goods is booming—reaching $1.9 trillion in 2022, a $100 billion increase from 2021. The World Trade Organization (WTO) estimates that trade in a list of select environmental products grew by 243 percent from 2000 to 2020. This list includes products used for pollution control, wastewater management, noise abatement, tracking pollutants, and […]
By Jennifer Hillman
Senior Fellow for Trade and International Political Economy
Senior Fellow for International Trade
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