Economic Instruments for WEEE Recycling in Romania

Victor Platon (), Simona Frone, Andreea Constantinescu and Sorina Jurist ()
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Sorina Jurist: Institute of National Economy, Bucharest, Romania

Chapter 37 in International Conference Innovative Business Management & Global Entrepreneurship (IBMAGE 2020), 2020, vol. 14, pp 509-523 from Editura Lumen

Abstract: The management of waste electrical and electronic equipment – WEEE, or e-waste represents one of the areas with significant potential for the implementation of economic instruments and it is higly regulated at EU level. Due to their physical characteristics, WEEE is suitable for development of recovery, repair and recycling policies, extension of their life cycle for as long as possible being an objective pursued by the specific mechanisms of circular economy. In this paper, we will look at how Romania manages economic instruments for e-waste recycling, their implementation and potential benefits. We chose for detail the economic instrument known as "The Green Stamp". This fee is assumed by all manufacturers and retailers of EEE. The amounts thus collected are administered by the Romanian Association for Recycling (RoRec) which deals with the collection, dismantling and recycling of WEEE. The ratio between the amounts collected through the green stamp duty and the amounts invested in e-waste reduction activities is a sensitive topic at national level. The exact quantification of WEEE is very difficult: the quantities of electronic products sold at national level (POM- put on market) are very different from the quantity of WEEE registered. The WEEE collection target set at European level is 4 kg / inhabitant and Romania, with only 2.19 kg / inhabitant at the level of 2016 (Eurostat), is far from reaching it.

Keywords: circular economy; economic instruments; WEEE management; Green Stamp (search for similar items in EconPapers)
JEL-codes: F2 M1 M2 O1 O3 Q5 (search for similar items in EconPapers)
Date: 2020
ISBN: 978-1-910129-29-6
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Persistent link: https://EconPapers.repec.org/RePEc:lum:prchap:14-37

DOI: 10.18662/lumproc/ibmage2020/37

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