1887

Individual Financial Guarantee for Future Waste Electrical and Electronic Equipment

image of Individual Financial Guarantee for Future Waste Electrical and Electronic Equipment

Waste electrical and electronic equipment (WEEE) has increased dramatically over recent years within the European Economic Area (EEA). Much of this waste is potentially damaging for humans and the environment if not collected and treated in a sound manner. EU-directive 2002/96, which was to be implemented by all EEA member states by August 13, 2005, places full financial responsibility of the management of WEEE on producers and importers, and aims to protect consumers from the risk that a producer exits on the market without fulfilling these financial obligations. The directive calls for a financial guarantee provided by producers at the time that electrical and electronic products are placed on the market. The Nordic Council of Ministers has asked ECON to develop a method for calculating producer contributions as a financial guarantee that would cover the collection and treatment of WEEE from private households, as provided for in article 8 in the EU directive. This report proposes a model for this purpose.

English

.

Guarantee Models: The Basics

In this chapter we identify two alternative models, which could serve our purpose; a lifespan model, and a pay-back-as-you-go (or pay-back-asyou- scrap) model. Below, we briefly present the fundamentals of each model and arrive at the recommendation that the pay-back-as-you-go model suits the issues at hand best. Exactly how the model would function in practice is illustrated by the case studies in the following chapter.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error