Identifying potential markets for recycled products

Developing markets for recycled goods

Description

Identifying potential markets for recycled products involves systematically analyzing consumer demand, industry needs, and regulatory incentives to match recycled materials with viable end-users. This strategy aims to expand the uptake of recycled goods, reduce landfill waste, and stimulate circular economies. By targeting sectors with high material consumption or sustainability mandates, it remedies market stagnation for recyclables, encourages investment in recycling infrastructure, and supports environmental objectives through practical, market-driven solutions.

Implementation

This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities. Agenda 21 recommends encouraging the development of markets for recycled goods by establishing programmes.