Special Report 12/2021: The Polluter Pays Principle
What is the polluter pays principle?
The 'polluter pays' principle is the commonly accepted practice that those who produce pollution should bear the costs of managing it to prevent damage to human health or the environment.
What is the OECD polluter pays principle?
The Polluter-Pays Principle (applying to transitional periods with possible exceptions and in the long-term) implies that in general it is for the polluter to meet the costs of pollution control and prevention measures, irrespective of whether these costs are incurred as the result of the imposition of some charge on
What is the polluter pays principle in the EU?
The polluter pays principle (PPP) requires polluters to bear the environmental and social cost of their actions.
- The Extended Producer Responsibility (EPR) model is based on the polluter-pays principle, which aims to include producers of material goods in the management and treatment of waste and keep raw materials and goods in the economic cycle.
By applying the principle, polluters are incentivised to avoid environmental damage and are held responsible for the pollution that they cause. It is also the polluter, and not the taxpayer, who covers the cost of remediation. environmental policy areas: industrial pollution, waste, water, and soil.