The costs and benefits of regulating chemicals (The SACAME Project)

SACAME stands for the Socio-economic Analysis of Chemicals by Allowing a better quantification and monetisation of Morbidity and Environmental impacts.

Under the REACH legislation as well as other national legislations for managing chemicals, socio-economic analysis is an established method of weighing the pros and cons of an action for society as a whole when taking decisions on restrictions and authorisations processes. Marketing restriction proposals usually need to contain a description of the risks as well as information on the health and environmental benefits, the associated costs and other socio-economic impacts. Such analysis is also important for policy makers in justifying the value of investment of public funds in a chemicals management system.

This research builds on the OECD’s work on quantifying the social costs of environmental externalities, particulary in recent years on the costs of air pollution.

The objective is to support the socio-economic analysis of chemicals by allowing a better quantification and monetisation of morbidity and environmental impacts. The SACAME project is funded by the European Commission.

Working Papers

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