Overview
Environmental services are a dynamic segment of the environmental industry. The demand for environmental services has grown significantly in recent years, in part due to increasingly stringent standards and regulations aimed at addressing global challenges such as climate change, resource depletion, and waste generation.
Public utilities have traditionally played an important role in the supply of environmental services. However, the trend toward the privatization of public utilities has increased the participation of private sector operators and created more trade opportunities.
The development of new technologies has also boosted international trade in this sector. The provision of environmental consulting services online or the remote monitoring of renewable energy systems are examples of how technology has facilitated the cross-border supply of environmental services.