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Assessment of environmental and economic benefits of packaging waste system in Italy

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  • Francesco Colelli
  • Edoardo Croci

Abstract

The paper quantifies social costs and social benefits of packaging waste management system in Italy from 2015 to 2030. Future social costs and benefits are estimated based on the growth of waste generated and on the stringency of recycling and landfilling targets. Packaging waste generation is projected based on macroeconomic factors, consumer practices and technological eco-innovations. Social benefits are derived by the reduction of externalities? correspondent to the achievement of packaging waste management targets. We quantify two environmental ben-efits: avoided emissions and raw materials saved. We find that social costs may rise substan-tially in the future, as total system?s operations costs in 2030 may increase by 48% with re-spect to 2015, due to the growth in the quantities of packaging waste generated. Meeting recy-cling and landfilling targets set by the new Circular Economy Package would imply a further 5% increase in total social costs in 2015. This latter increase is more than compensated by so-cial benefits related to the reduction in externalities due to more stringent targets.

Suggested Citation

  • Francesco Colelli & Edoardo Croci, 2021. "Assessment of environmental and economic benefits of packaging waste system in Italy," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2021(1), pages 37-58.
  • Handle: RePEc:fan:efeefe:v:html10.3280/efe2021-001003
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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