A variety of policy instruments can be used to push industry or society in a desired direction.
The matrix below gives an overview of policy instruments that are relevant to the chemical industry in general and Chemical Leasing in particular. The matrix organizes the instruments according to whether they reward, penalize, motivate or support safe chemical management, and to whether they are “soft” (voluntary) or “hard” (obligatory). The list following the matrix is not exhaustive and is intended only to explain the linkage of Chemical Leasing to different policy measures. It provides general guidance in order to implement Chemical Leasing policies.
Image source: Adaptation from UNIDO, 2011. Policies for supporting green industry