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Founding members
- Costa Rica
- Iceland
- New Zealand
- Switzerland
What are the benefits?
It opens up opportunities for New Zealand businesses by recognising hundreds of products as environmental goods.
Tariffs and other barriers removed on over 300 environmental and energy saving goods:
- LED lamps
- light fittings
- rechargeable batteries
- solar panels
- wind and hydraulic turbines
- electric vehicles
- wool fibre
- recycled paper
- electric static converters and
- wood products.
Improved access to 110 environmental services and environmentally related services:
- sustainable agriculture
- forestry consultancy services
- professional engineering
- architectural services.
Eco-labelling
A standard is set for eco-labelling that makes it easier to do business while providing consistency. Designed to improve consumer confidence and prevent eco-labels becoming barriers to trade.
Fossil fuel subsidy reform
The first international framework to regulate the use of fossil fuel subsidies. It recognises the part they play in making fuel services affordable and reliable, while promoting responsible behaviour through enforceable rules.
As new members join the agreement, the commercial benefits of ACCTS will grow, alongside environmental outcomes.
