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Economic policy instruments for plastic waste

A review with Nordic perspectives

image of Economic policy instruments for plastic waste

Achieving a high quality of waste plastic materials and recycling processes is a key challenge in closing the resource loops for plastics. This report reviews the status and trends for plastic waste flows and treatment in Denmark, Finland, Norway and Sweden. Furthermore, it gives an overview of existing policy instruments and the main challenges for designing policy instruments for improved recycling of plastic waste in these Nordic countries. The report identifies potential market failures associated with closing the resource loops for plastics. It reviews the economics research literature on policy instrument design for achieving optimal recycling rates and makes policy recommendations from the Nordic perspective. Finally, it presents results from a survey on market conditions to managers in the recycling and plastic manufacturing industry in Sweden.

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Status and Trends of Plastic Waste in Nordic Countries

Plastics are inexpensive, lightweight and durable materials, which easily can be shaped into a variety of products that find use in a wide range of applications. Not surprisingly, production and consumption of plastics have increased significantly over the last 60 years (Hopewell et al., 2009). As a result, waste plastic generation has grown significantly over the last decades.

English

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