what is eco-labelling? what are its advantages?
Answers
Answer:
Ecolabelling is a voluntary method of environmental performance certification and labelling that is practised around the world. An ecolabel identifies products or services proven to be environmentally preferable within a specific category.
The most common advantages of ecolabels include: Creation of new value chains by establishing new networks of production. Monitoring of environmental claims Influencing consumer behavior towards more environmentally friendly products. Promotion of economic efficiency in response to predefined standards.
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Ecolabels are seals of approval given to products that are deemed to have fewer impacts on the environment than functionally or competitively similar products.
ADVANTAGES :
The most common advantages of ecolabels include:
→Creation of new value chains by establishing new networks of production.
→Monitoring of environmental claims Influencing consumer behavior towards more environmentally friendly products.
→ Promotion of economic efficiency in response to predefined standards.