Not so long ago, enthusiasm for sustainable regulations, mainly in the form of obligations, was on a seemingly unstoppable upward trajectory. Recently however, acceptance of regulatory measures promoting the circular transition has been waning. The resurgence of inflation, energy security problems, profitability concerns, etc., have made ambitious policies unwelcome. Politicians around the world are under pressure to ease environmental constraints. This begs the question: how can we better manage and advance the transition from a linear to a circular economy? The answer may lie in using economic incentives instead of obligations. 

This video clip, prepared by the ECESP Leadership Group on Economic Incentives, describes economic incentives and their benefits. It seems that switching from obligations to incentives may be the answer for a more effective, timely and just circular transition.