Economics

The UK has used a range of Economic tools to influence, shape and encourage development of market sectors, and historically the main influences on the UK waste infrastructure has related to incentives for the development of renewable energy.

WikiWaste captures different economic tools and mechanisms that are used to encourage and incentivise change (more ‘pull’ mechanisms for example the Renewable Heat Incentive), rather than tools intended to tax activity, which are separately listed.The influence of gate fees and commodity prices on the economic viability of the market, and the impact of infrastructure on supply and demand, are presently excluded from WikiWaste, but will be added to if there is an appetite from users of WikiWaste in the future.

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SED QUIS SAGITTIS 22/23 23/24 24/25
SED SED PLACERAT EST
Quisque elementum velit 84 82 79
Eros pellentesque ornare 237 241 241
Phasellus eget mauris 87.40 91.20 93.10
Vestibulum aliquet ante in nisi 112 118 121
SED RHONCUS SEM
Vestibulum vel finibus dui 3 3 4
Morbi finibus turpis ut EfW EfW EfW
Vestibulum vel finibus dui Low Low Medium
Morbi finibus turpis ut 84 82 79
PRAESENT IN ULLAMCORPER ENIM
Efficitur nulla eget 42.1 43.8 44.2
Ante in nisi consequat ultricies 459 451 444
Ed erat augue, elementum nec Top 20% Top 22% Top 19%
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Purpose

Economic tools are generally used to ‘encourage’ change, rather than taxation which is used to ‘force’ change. Specific tools are listed that have been used to impact the UK waste sector that have had, and in some cases continue to have, an impact of the development of infrastructure and behaviour change.

Approach

This category captures main economic tools that have been used in conjunction with policy and legislation, to influence the development of the UK waste sector.

References:

None.