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ECOLABELS: Are They Environmental-Friendly?

Author

Listed:
  • Lisette Ibanez

    (LAMETA - Laboratoire Montpelliérain d'Économie Théorique et Appliquée - UM1 - Université Montpellier 1 - UPVM - Université Paul-Valéry - Montpellier 3 - INRA - Institut National de la Recherche Agronomique - Montpellier SupAgro - Centre international d'études supérieures en sciences agronomiques - UM - Université de Montpellier - CNRS - Centre National de la Recherche Scientifique - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier)

Abstract

This article provides a general overview of the technical, economical, regulatory and environmental aspects of ecolabeling. An ecolabel is a market-based policy instrument that can be either voluntarily adopted or mandated by law. Ecolabels are applied to services and products in order to inform consumers of their environmental-friendliness and to avoid market failures. In reality, however, ecolabels do not always succeed in achieving environmental improvements. The mis-use of environmental standards, the practice of strategic manipulations that create trade-distortions, the excessive use of claims, and behavioural biases are some of the factors that can prevent an ecolabel from reaching its initial objective to reduce or even eliminate environmental externalities.

Suggested Citation

  • Lisette Ibanez, 2016. "ECOLABELS: Are They Environmental-Friendly?," Post-Print hal-02928465, HAL.
    • Handle: RePEc:hal:journl:hal-02928465
    DOI: 10.1007/978-1-4614-7883-6_520-1
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    Cited by:

    1. Sylvaine Poret, 2019. "Corporate–NGO Partnerships through Sustainability Labeling Schemes: Motives and Risks," Post-Print hal-02154666, HAL.
    2. Sylvaine Poret, 2019. "Corporate–NGO Partnerships through Sustainability Labeling Schemes: Motives and Risks," Sustainability, MDPI, vol. 11(9), pages 1-19, May.

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