Extended Producer Responsibility
Extended Producer Responsibility (EPR) is an environmental policy approach that holds manufacturers accountable for the entire lifecycle of their products. This means that producers are responsible for the collection, recycling, and safe disposal of their products once consumers are done using them. EPR encourages companies to design products that are easier to recycle and have less environmental impact.
By implementing EPR, governments aim to reduce waste and promote sustainable practices. This approach can lead to increased recycling rates and less pollution, as it incentivizes producers to create more eco-friendly products. Overall, EPR helps shift the burden of waste management from taxpayers to producers, fostering a more sustainable economy.