European Topic Centre on Sustainable Consumption and Production
Topic Centre of European Environment Agency
Wednesday, 08 March 2006
New report from phase 1 of ETC project on economic instruments to promote material resource efficiency
Member States have shown an increasing interest in using economic instruments to achieve policy objectives given their potential for efficiency gains over traditional regulatory approaches in some circumstances. The 6EAP includes the idea of 'pushing the market to work for the environment' by both including environmental costs in the price of products and services, and developing agreements between environmental policy institutions and economic actors. In addition, most EEA countries are already using economic instruments or are introducing them in various environmental fields including aggregates, waste and recycling. This study aims to support this work.
The objectives of the study are:
- To increase understanding of the efficient and effective use of economic instruments in resource management in EEA member countries (i.e. to share good practice and increase knowledge and understanding in this area).
- To develop a framework for evaluating ex post the efficiency and effectiveness of economic instruments. In particular, to find evidence on how the inclusion of economic instruments in complex policy packages can improve their overall performance and how economic instruments can be used as a prevention tool in terms of resource use and waste generation.
- To undertake an ex-post evaluation of selected economic instruments.
The project has been split into two phases:
- Phase I: Establishing the evaluation framework and selecting the economic instruments for study
- Phase II: Evaluation of selected economic instruments.
This working paper presents the output from phase I: the evaluation framework, a survey of relevant economic instruments and an analysis of raw material markets.
Published as ETC/RWM working paper 2006/1
ETC/RWM working papers are Topic Centre analyses and findings, which have been prepared as part of the work programme for the EEA but which are not scheduled for publication under one of the EEA publication serials.
As the studies represent a valuable contribution to knowledge sharing within the field of resource and waste management in Europe, it has been chosen to disseminate the information in the form of a working paper. Available in electronic format only.