As part of our larger commitment to promoting a green economy, APEC leaders agreed to support sustainable growth and create green jobs by:
From: APEC: Fact Sheet on 19th Annual Leaders Meeting Outcomes Creating Jobs, Growth, and Economic Opportunity with AELM Declaration & Annexes, The White House, USA, November 13, 2011
- Developing a list in 2012 of environmental goods on which APEC economies will reduce applied tariffs to 5% or less by 2015, and eliminating non-tariff barriers to environmental goods and services, including local content requirements, which will help lower their costs, increase the dissemination of clean technologies, and create more green jobs;
- Pursuing a more aggressive target for reducing energy intensity across APEC economies by promoting technology and best practices in energy-smart buildings, transportation, and infrastructure;
- Phasing out inefficient fossil fuel subsidies, which encourage wasteful consumption, and reporting on progress annually; and
- Incorporating low-emissions development strategies into APEC economies’ growth plans.