Sustainable Trade Index 2023

Pillar-by-pillar analysis

Figure 19 Last five economies in the environmental pillar

Bottom five economies

Figure 19 shows the economies that were placed in the last five of the environmental pillar Pakistan remained 26th due to continuously poor results in air pollution (29th), deforestation (30th), percentage of wastewater treated (19th), and environmental standards in trade (20th). Taiwan remained 27th in this pillar. Results in deforestation (29th), environmental standards in trade (27th), carbon (27th), and renewable energy (26th) drove Taiwan’s feeble performance. Declines in energy intensity (14th to 16th), air pollution (10th to 11th), and the share of natural resources in trade (seventh to 10th), also prevented Taiwan from improving its environmental standing. Despite a robust display in ecological footprint (third) and an improvement in renewable energy (11th to 10th), India stayed in 28th place in this pillar. Downturns in environmental standards in trade (eighth to ninth), the share of natural resources in trade (20th to 21st), and the percentage of wastewater treated (20th to 23rd) inhibited the country’s performance in this pillar. Further hindrances were air pollution (30th), transfer emissions (26th), energy intensity (25th), deforestation (20th), and carbon (20th). Brunei was 29th due to poor displays in carbon management (30th), the share of natural resources in trade (30th), renewable energy (29th), environmental standards in trade (27th), and deforestation (25th).

49.25 Pakistan 26 41.48 Taiwan 27 39.67 I nd ia 28

16.08 Brunei 29

0.00 Russia 30

Figure 20 Environmental pillar rankings

Russia 30

UK 2

Canada 19

S. Korea 17

Laos 6

China 20

15 US

Japan 12

Pakistan 26

Taiwan 27

Bangladesh 22

8 Vietnam Hong Kong SAR 7

Mexico 3

India 28

Sri Lanka 16 Myanmar 21

Ecuador 18

Philippines 4

Peru 23

Thailand 24 Malaysia 13

Papua New Guinea 25 Brunei 29

Singapore 5

Cambodia 11 Indonesia 9

Chile 14

Australia 10

New Zealand 1

HINRICH-IMD SUSTAINABLE TRADE INDEX 2023

27