Chapter 35

Economic Instruments

Maarten Dubois1,  and Johan Eyckmans2     1Policy Research Center for Sustainable Materials, KU Leuven – University of Leuven, Leuven, Belgium     2Center for Economics and Corporate Sustainability (CEDON), KU Leuven – University of Leuven, Campus Brussels, Brussels, Belgium

Abstract

In order to stimulate recycling, a clever mix of policy instruments is needed because of the interacting external effects, the possibility of illegal disposal and imperfectly competitive markets. This chapter focuses on economic instruments like recycled content standards, taxes on virgin materials, waste disposal fees, recycling subsidies, deposit-refund or extended producer responsibility (EPR) schemes and tradable recycling certificates. ...

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