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. 2020 Oct 22;284:124775. doi: 10.1016/j.jclepro.2020.124775

Table 5.

Comparison of economic instruments and resource recovery approaches.

Type Purposes Advantages Drawbacks
Economic instruments To raise revenue from excessive waste disposal; to encourage efficient use of resources. Discouraging environmental pollution; providing households incentives for 5R Revenue is not used to manage the environment due to its low tariff; waste disposal fee is not calculated based on proper formula/standard
Resource recovery To address climate change concern; to promote local needs of development Creating job opportunity such as waste composting at a local level Not mandatory