Reducing Marine Plastic Pollution: Policy Insights from Economics

Last modified: 
July 15, 2019 - 2:44pm
Type: Journal Article
Year of publication: 2019
Date published: 06/2019
Authors: Joshua Abbott, Rashid Sumaila
Journal title: Review of Environmental Economics and Policy
ISSN: 1750-6816

Marine plastic pollution is heavily driven by escaped plastic waste from land. Effectively reducing flows of plastic pollution into the oceans requires incentivizing efficient disposal decisions, discouraging production and consumption of products with low recyclability and reuse potential, and encouraging lower-impact, easily recyclable product and packaging designs. We examine the economic literature on waste management and integrated environmental policy to assess how particular policies target these individual pathways and can efficiently reduce flows of plastics into waterways. These policies include production/retail bans and standards, extended producer responsibility, price-based policies such as advance disposal fees and two-part instruments, and interventions grounded in behavioral economics and psychology. We also consider the applicability of these policies in coastal developing nations that often rely upon the informal sector for waste management services. We conclude by identifying important issues for future research.

Freely available?: 
No
Approximate cost to purchase or rent this item from the publisher: US $45.00
Summary available?: 
No

Report an error or inaccuracy

Notice an error in the Literature item above? Please let us know in the comments section below. Thank you for helping us keep the Literature Library up-to-date!

Add new comment