Letter State Secretary: True Price as enabler for circular economy

In a letter to the House of Representatives (Tweede Kamer) of the Dutch Parliament, the Dutch State Secretary of Infrastructure and the Environment mentions True Pricing as an enabler for ‘circular decisions’.

The Ministry for Infrastructure and the Environment supports the True Price Platform, with which we are further developing our method for calculating hidden ecological and social costs. Open-source guidelines on how to calculate these costs will be published in the course of this year. When hidden costs are monetized, they can be used to concretely inform decisions within companies and sectors.

Transparency on the hidden costs of different products and companies can as such lead to circular innovation, as the True Price of circular production is lower due to reduced extraction and waste. The full letter and its informative attachment can be downloaded on the Dutch government website.

Leave a Reply

Your email address will not be published. Required fields are marked *