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Extended producer obligations – as a tool for reducing negative environmental impact

ladashvili
Gela Aladashvili

PhD in Economics, Professor, at Georgian International University

Abstract

Environmental policy is facing many challenges today. Waste management significantly contributes to the successful implementation of policies. Despite this, many problems have accumulated in this direction, and the search for effective ways to solve them and forms of encouragement is ongoing. Although many governments have developed policies in response to the increase in waste, finding and using new tools remains a challenge. These include making producers responsible for ensuring the entire life cycle of the products. The article examines extended producer responsibility as a tool for reducing negative environmental impacts, through which producers take significant financial and physical responsibility for the handling or disposal of post-consumer items. The paper discusses the regulations and targets adopted in Georgia, dealing with the management of waste oil, tire waste, electrical and electronic devices, waste batteries, and accumulators. The focus is made on organizational and financial levers within the extended producer responsibility.

Keywords: Extended producer responsibility (EPR), Regulations of ERP in Georgia.

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The New Economist N 4 (2023), Vol. 18, Issue 4

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Published Date:

11/01/2024