- Definition and Purpose: Extended Producer Responsibility (EPR) is a policy approach that holds producers accountable for the entire lifecycle of their products, especially for take-back, recycling, and final disposal.
- Environmental Goals: EPR aims to reduce the environmental impact of products by encouraging producers to design more sustainable and easily recyclable products, thus minimizing waste.
- Implementation Mechanisms: EPR can be implemented through various mechanisms such as mandatory recycling targets, eco-design requirements, deposit-refund schemes, and take-back programs.
- Stakeholder Involvement: The policy involves multiple stakeholders including manufacturers, importers, retailers, consumers, and waste management entities, ensuring a collaborative effort to manage product end-of-life.
- Global Adoption and Variations: EPR has been adopted in various forms across the globe, with countries tailoring the policy to their specific environmental, economic, and social contexts, leading to diverse applications and regulatory frameworks.
Source Tax Foundation
Latest Posts in "World"
- OECD Publication: Governing with Artificial Intelligence: OECD’s Roadmap for Smarter Public Services
- E-Invoicing & E-Reporting developments in the news in week 36-38/2025
- OECD Report Explores AI’s Role in Tax Administration and Public-Sector Challenges
- AI In Tax: Common Pitfalls That Keep Projects From Taking Off
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
