SEI policy brief- ‘Identifying policy instruments to reduce external environmental footprints’

By Bridget Elliott on 9th April 2015

With globalized trade, a significant share of the environmental impacts linked to a country’s consumption of goods and services takes place outside its borders. There is a growing interest among policy-makers in many countries in finding ways to reduce such external environmental impacts of consumption. But it is not always clear what policy instruments might offer the most efficient ways of doing so. This policy brief outlines steps that governments can take to identify policy instruments they can use to reduce their countries' extra-territorial environmental footprints. The brief is based on an SEI study commissioned by the Swedish Environmental Protection Agency and outlines a three-step analytical approach which broadly involves: mapping the national consumption profile; identifying relevant policy instruments; and classifying and prioritizing the policy instruments. More…