In economic theory, market-based instruments (such as resource taxation, tradable certificates, differential VAT rates, subsidies and market-creating measures like Top Runners and investment grants) are awarded a set of advantages compared to regulatory measures in order to increase resource efficiency. Against this background, the research project "ÖkonRess" has the objective to support the development of precise economic instruments leading to higher efficiency in the usage of resources in Germany and the EU.
Therefore it is necessary to identify relevant fields of action and to analyse existing experience both nationally and internationally, based on which realisable measures can be developed and respective effects on the environment can be evaluated. A key element is the construction of a policy mix that combines these measures in the most efficient way.
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