ECO-INNOVATIONat the heart of European policies
The Organisation for Economic Cooperation and Development (OECD) has been analysing environmental labels for more than 15 years. In this video, OECD Policy Analyst Andrew Prag discusses some of the issues relevant to eco-labels around the world.
In 2013, the OECD published a study documenting the international landscape of environmental labelling and information schemes that found a rapid expansion in the number of eco-labels, especially in the last few years. This raises questions about the multiplicity of schemes: does the great expansion in the number of eco-labels undermine their environmental value or is competition a force for good in the market? Does the growth in schemes have implications for international trade? And should some form of international criteria be introduced to ensure the quality of schemes?