Environment

The costs and benefits of regulating chemicals

 

the sacame project

SACAME stands for the Socio-economic Analysis of Chemicals by Allowing a better quantification and monetisation of Morbidity and Environmental impacts.

Under the REACH legislation as well as other national legislations for managing chemicals, socio-economic analysis is an established method of weighing the pros and cons of an action for society as a whole when taking decisions on restrictions and authorisations processes. Marketing restriction proposals usually need to contain a description of the risks as well as information on the health and environmental benefits, the associated costs and other socio-economic impacts. Such analysis is also important for policy makers in justifying the value of investment of public funds in a chemicals management system.

This research builds on the OECD's work on quantifying the social costs of environmental externalities, particulary in recent years on the costs of air pollution.

The objective is to support the socio-economic analysis of chemicals by allowing a better quantification and monetisation of morbidity and environmental impacts. The SACAME project is funded by the European Commission.
 

working papers

 

event 

The European Chemicals agency hosted a Workshop on the Socioeconomic Impact Assessment of Chemicals Management on 6-8 July 2016, in Helsinki. The workshop aimed to identify the current status of practice and methodologies for cost-benefit analysis of risk management measures and frameworks addressing the human health and environmental impacts of chemicals in OECD Member Countries. It focused on the methods currently used across jurisdictions and intergovernmental organisations. The longer term goal is to develop harmonised OECD methodologies for estimating the economic costs and benefits of managing chemicals, in turn supporting the implementation of the Strategic Approach to International Chemicals Management.

It was part of the work of the OECD's Joint Meeting of the Chemicals Committee and the Working Party on Chemicals, Pesticides and Biotechnology and the OECD's Environment Policy Committee's Working Party on Integrating Environment and Economic Policies. This workshop received funding from the American Chemistry Council.

 

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