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The Use of Economic Instruments in Nordic and Baltic Environmental Policy 2001-2005

image of The Use of Economic Instruments in Nordic and Baltic Environmental Policy 2001-2005

This new report commissioned by the Environment and Finance Group of the Nordic Council of Ministers continues the tradition of reviewing the use of economic instruments in environmental policy in the Nordic countries by providing a comprehensive overview. At the same time, this report extends the country coverage and content of the report. The application of economic instruments is not only discussed for the five Nordic countries, but also for the three Baltic countries. In addition, a discussion on the opportunities and shortcomings associated with the use of economic instruments in the field of environmental policy has been undertaken. The report is a follow-up of the previous five reviews – the last was published in 2002 (TemaNord 2002:581) – and discusses the latest development of the application of economic instruments covering the time period 2001-2005.

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Main developments in EU environmental policy legislation and implications for environmental policy instruments in the Nordic and Baltic countries

In recent years, EU environmental policy has been influenced by the discussion on competitiveness issues, in particular in the context of the Lisbon strategy (2000), which has established the objective for the EU for the year 2010 “... to become the most competitive and dynamic knowledge- based economy in the world, capable of sustainable economic growth with more and better jobs and greater social cohesion”.

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