Economic instruments

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Terms & Synonyms

Economic instruments

Official WHO Definition

Other Definitions

In contrast to regulations, which set rules to control the behavior of resources users, Governments can also use economic instruments to sensitize producers and consumer to the need for responsible use of environmental resources and avoidance of pollution, resource destruction and waste. Economic instruments, such as taxes, charges, subsidies, deposit/refund schemes and tradable permits, achieve their goals through the use of market

forces by correcting the price structure and internalizing environmental and social costs.

Contents

Interpretations and Explanations

References

instruments WHO-Lexicon page (translations and examples)

See also

Economic instruments

External Resources

Attachments

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