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Other legislation

There are other legal frameworks which can be utilised to identify and define the legal rights and obligations of economic actors. These legal frameworks can directly facilitate environmentally conscious behaviours, particularly through the setting of stakeholder liability as well as obligations for environmental accounting practices which can increase information transparency.[1] The setting of legal definitions and classifications is also of importance to the circular economy, the definition of waste being a prime example, with its ability to influence processing requirements.[2]

 

[1] Ranga, S. & Garg, R. 2014. Legal Framework for Environmental Accounting in India. International Journal of Management and Social Science Research. Vol.3(6).

[2] EMF (Ellen MacArthur Foundation). 2015. Delivering the Circular Economy: A Toolkit for Policymakers. Available online via: https://www.ellenmacarthurfoundation.org/assets/downloads/publications/EllenMacArthurFoundation_PolicymakerToolkit.pdf

Relevant case studies and articles