The application of economic instruments to solid waste management in Pacific island countries and territories / compiled by Esther Richards

Abstract

In the solid waste management context, economic instruments (EI) refer to a set of tools that makes use of monetary incentives and deterrents in addition to market measures in order to influence waste management behaviour. In short, they provide a country with the means to control the generation and disposal of solid wastes. They can also be voluntary and based on Memoranda of Understanding (MOUs), or can be introduced through regulations.