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Role of economic instruments for the sound management of chemicals and waste

“The vast majority of human health costs linked to chemicals production, consumption, and disposal are not borne by chemicals producers, nor shared down the value-chain.” GCO-I

This policy brief draws from and complements: ‘Review of cost recovery mechanisms and other economic instruments for financing of the sound management of chemicals and waste’ (SAICM/IP.4/7). With the Beyond 2020 framework for chemicals and waste under deliberation, and key outcomes expected at the fifth session of the International Conference on Chemicals Management (ICCM5) in 2021, the intention is that this policy brief highlights some examples where governments around the world are using legal measures and tools to balance the many benefits of chemicals production and use with some of their socio-economic, human health and environmental costs.