Saving Costs in Chemicals Management

How the OECD Ensures Benefits to Society

image of Saving Costs in Chemicals Management

The chemical industry is one of the largest industrial sectors in the world and is expected to grow fourfold by 2060. Indeed modern life without chemicals would be inconceivable. Given the potential environmental and human health risks from exposure to chemicals, governments and industry have a major responsibility to ensure that chemicals are produced and used safely.

The OECD assists countries in developing and implementing policies and instruments that protect human health and the environment, and in making their systems for managing chemicals as efficient as possible. To eliminate duplication of work and avoid non-tariff barriers to trade, emphasis has been on developing shared frameworks for gathering and assessing information on potential chemical risks. The time-tested OECD Mutual Acceptance of Data (MAD) system provides a major basis for generating savings to governments and industry. This report provides an overview of the benefits and estimates the total savings from OECD work to be more than EUR 309 million per year.



Non-quantifiable benefits of the Environment, Health and Safety Programme

This chapter discusses the more qualitative, non-quantifiable benefits for governments and industry of participating in the OECD Environment, Health and Safety Programme. These include easier access to information on chemicals, access to harmonised templates, improved safety of manufactured nanomaterials, harmonisation of biotechnology safety assessment methods, harmonised tools to manage the risks of endocrine disrupters, reduced needs for governmental inspections of test facilities in other countries, enhanced hazard assessment methods, facilitation of the exchange of information on chemical accidents, advanced harmonisation of biocides regulation, reduced potential for repeat testing for new pharmaceuticals, and counteraction towards illegal trade of pesticides.


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