Climate-Friendly Goods and Services: Opportunity Knocks for Canadian Companies

The Conference Board of Canada, September 27, 2017
Recorded Webinar
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The world is moving toward a lower-carbon economy. Canadian innovators, investors, and manufacturers have opportunities to help businesses around the world decrease their carbon footprint and lessen adverse environmental impacts.

In recent years, investments in renewable energy alone topped $286 billion in 2015 and global trade in climate-friendly technologies totals more than $250 billion each year. Canada is lagging many other countries in exporting climate-friendly technologies, but we do have a competitive edge in key sectors.

In this webinar based on Global Commerce Centre research, Jacqueline Palladini identifies and elaborates on the 17 global export strengths in climate-friendly products and related services. These include:

  • Renewable energy: photovoltaic system controllers, towers and clutches for wind turbines, photosensitive semiconductors, biomass gasification tanks, and solar collectors.
  • Energy efficiency: heating and cooling technologies, and gas turbines (excluding turbo jets)
  • Waste management technologies: large waste containers, wastewater filters, liners, and membranes used by oil refineries, landfills, and gas stations

Canada is also among the world leaders in carbon capture and storage technologies, which represent another important market opportunity for Canadian businesses.

This webinar is based on the Global Commerce Centre report, Clean Trade: Canada’s Global Opportunities in Climate-Friendly Technologies

Webinar Highlights

In this webinar, Jacqueline describes ways for Canadian businesses and governments to capitalize on the growth in clean technologies, including:

  • Canada’s current position in climate friendly technologies: Canada’s market share is declining – it is 16th in exports, with about $4 billion in global sales in 2015, down from 14th spot a decade ago.
  • The key global markets: The world’s largest GHG emitters—China, the United States, and the European Union—are also the three largest importers of climate-friendly products. China will likely continue to have demand for climate-friendly technologies.
  • Despite current political uncertainty at the federal level in the U.S., state-level actors offer growing market opportunities.
  • Successful strategies and areas for improvement: Poor commercialization of clean technologies is a consistent Canadian weakness. Some companies (especially small and medium-sized enterprises) are finding success in partnering with local companies or experienced multinationals instead of “going it alone.”

About Jacqueline

Jacqueline Palladini is a Senior Economist with The Conference Board of Canada's Global Commerce Centre. Her research includes the changing nature of trade with Asia and ground-breaking research on importance of services in Canada's trade picture. She has been featured in major media outlets across the country and regularly presents the latest global commerce trends to policy and business leaders. She also has experience developing and maintaining economic forecasting models, conducting economic impact analyses, benchmarking business competitiveness, and conducting other custom analysis.

Prior to joining the Global Commerce Centre, Jacqueline spent several years at the Conference Board forecasting provincial and territorial economies, as well as the mining and motor vehicles and parts manufacturing industries. Ms. Palladini also spent five years working as a demographics expert on a technical assistance project in Ukraine.

Jacqueline Palladini holds a MA in economics with a specialization in social statistics from McGill University and a BSc with distinction from the University of Victoria.

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