Incentivizing Sustainable Chemicals: A Policy Framework
A new report titled Incentivizing Sustainable Chemicals: A Policy Framework for Innovation, Manufacturing, and Market Transformation, released by Change Chemistry and the Sustainable Chemistry Catalyst at the University of Massachusetts Lowell, outlines why government incentives are critical to helping businesses scale more sustainable chemicals — and how those incentives can reduce risk, unlock investment, and enable real market adoption.
The report is the outcome of a yearlong working group involving more than 50 U.S. and European companies across sectors and the full chemicals value chain. The group collaborated to identify barriers to sustainable chemistry innovation, adoption, and market transformation and to explore how targeted government policy incentives could address those barriers. The resulting Framework is designed to inform policy development across jurisdictions and to encourage coordination among governments, investors, and the private sector to magnify impacts.