U.S. Chamber Report Projects One Million Green Job Losses If Efforts To Weaken IP Rights Prevail
WASHINGTON, DC — The U.S. Chamber’s Global Intellectual Property Center (GIPC) today highlighted the findings of Intellectual Property and Green Growth: Analysis and Implications for International Climate Negotiations, a recent report by Garten Rothkopf that details future green job losses if efforts to weaken intellectual property rights (IPR) prevail. The study finds that compulsory licensing and other anti-IP policies would lead to green job losses of 1 million by the year 2020, and increasing exponentially after that. This report comes in the midst of international climate change negotiations where some governments are lobbying for weakened IP rights.
“As the Administration moves forward in an effort to create millions of jobs in the green tech sector, protecting intellectual property rights in climate change negotiations is key to maximizing that,” said Dr. Mark Esper, executive vice president of GIPC. “This study clearly indicates that compulsory licensing and other anti-IP measures will lead to green job losses and the forfeiture of foreign export markets, and further supports the facts that strong IP is essential to job growth and economic resurgence.”