Under the first phase of the EC-funded Green Economy and Trade Opportunities project (GE-TOP), UNEP launched the report, “Green Economy & Trade: Trends, Challenges and Opportunities”. On the basis of the empirical analysis presented in the report, UNEP is now undertaking the second phase of the GE-TOP, which looks at national-level GE-TOP projects in three pilot countries, namely Ghana, Peru and Viet Nam.
The objective of GE-TOP country projects is to assess and build capacity at a national and sectoral level on trade opportunities that arise from a green economy transition, and address related challenges.
In Ghana, UNEP cooperates with The Energy Center to foster solar energy exports under the umbrella of the West African Power Pool (WAPP). Ghana is a regional champion in solar energy generation, transmission and know-how, and features a facilitative policy and business environment. The project aims to harness the favourable conditions for regional trade in solar energy and can change the thinking on yet largely fossil-based power trade in West Africa.
In Peru, the GE-TOP project aims to foster sustainability certification in the Biotrade sector, and address national and international barriers for Peruvian Biotrade exports, with a view to enhancing global market access. The project will yield concrete policy recommendations and technical assistance on harnessing Biotrade opportunities, so to contribute to Peru’s green economy transition.
In Viet Nam, green trade opportunities arise especially in the aquaculture sector. UNEP is cooperating with the Ministry of Trade and Industry and the IDH Sustainable Trade Initiative to promote the uptake and compliance with internationally recognized aquaculture standards, so to enhance market access and increase trade in sustainable aquaculture products. The project will yield concrete policy recommendations to create enabling conditions for aquaculture certification and exports.
All national-level GE-TOP projects are carried out in close collaboration with national and international partners. They complement and support existing green economy initiatives, and feed into the sustainable development strategies of partnering countries.