Economic Instrument definition

Economic Instrument. ' as used in this Act means an instrument for environmental and natural resources management designed to influence behaviour of economic agents in order to ensure sustainable use and protection of biophysical resources and includes fiscal instruments, charge systems, property rights, market creation, performance bonds and deposit refund systems, liability systems, provision of information and financial instruments.
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Economic Instrument means financial measure, market measure, tax and revenue measure, and other measures that are developed by the Ministry of Finance in order to provide incentives polluters to help conserve environment, carry out measure to prevent and reduce pollutions from their own activities, treat and dispose waste, rehabilitate environment deterioration and effects on public health, and change individual behavior to reduce pollution creation.
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Economic Instrument means one of the tools for environmental protection that makes use of fiscal incentives (subsidies) and deterrents (taxes, levies, charges, etc.) as well as market measures such as carbon credits and tradable emissions permits, rather than regulating specific outcomes.
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Examples of Economic Instrument in a sentence

  • The significance thresholds identified below are based on Appendix G of the State CEQA Guidelines and professional practice.

  • LeBoeuf, “The Economic Instrument of National Power and its Relevance to Strategic Military Leaders,” (thesis, U.S. Army War College, 1999),https://apps.dtic.mil/sti/pdfs/ADA363499.pdf; and “The Instruments of National Power,” SMARTbooks, The Lightning Press, https://www.thelightningpress.com/ the-instruments-of-national-power/.

  • Producers must take back their products for recycling and disposal, while local governments have to set up network to buy back WEEE from household Drafted Economic Instrument for Environment Act: This act aims to apply various economic instruments such as tax, fee, charge, subsidy and incentives to promote sustainable production and consumption, resource efficiency as well as EPR model.

  • The consultants will undertake inter alia, the following tasks: Develop a work plan and to produce an 'Economic Instrument Description Form' depicting different perceptions of what constitutes an economic instrument and what they could accomplish. Identify, review and describe economic instruments currently in use in the member countries.

  • Is important to take into account the effect of SiO2, because when the plasmonic resonances falls near his phonon band, approaching the prohibited Reststrhalend band, the resonances peaks collaps and decrease [4].

  • Tietenberg, T.H. (1990) "Economic Instrument for Economic Regulation", Oxford Review of Economic Policy.

  • The draft Act on Economic Instrument for Environmental Management (henceforth the FPO’s draft Act) drafted by the Fiscal Policy Office (FPO), MoF, would establish a foundation and a fund for the use of not only product surcharges, but also environmental taxes, service charges, performance bonds, tradable permits, subsidies, and other instruments in Thailand.

  • Report of Assessment on National and International Economic Instrument, Financing Mechanisms and Incentive Systems of Waste Management and Proposed Financial Mechanism and Incentive System in Mongolia.

  • Project managers and estimators do not mainly consider the charges involved with seismic restraint of NSCs. The subcontractors usually have limited information about the design, material and installation costs associated with seismic restraints particularly in a low seismic risk region such as Australia.

  • She has acted as Coordinator in a number of conservation cooperation and management processes including the Symposium on Protected Areas as Social and Economic Instrument: the Contribution of Protected Areas to the local economy, which was developed under the IV Mesoamerican Congress on Protected Areas.

Related to Economic Instrument

  • Gift instrument means a record or records, including an institutional solicitation, under which property is granted to, transferred to, or held by an institution as an institutional fund.

  • Educator practice instrument means an assessment tool that provides: scales or dimensions that capture competencies of professional performance; and differentiation of a range of professional performance as described by the scales, which must be shown in practice and/or research studies. The scores from educator practice instruments for teaching staff members other than teachers, Principals, Vice Principals, and Assistant Principals may be applied to the teaching staff member’s summative evaluation rating in a manner determined by the school district.

  • Reference Instrument means Natural Gas (Henry Hub) Future.

  • Governing instrument means collectively this Agreement, the Bylaws, all amendments to this Agreement and the Bylaws and every resolution of the Trustees or any committee of the Trustees that by its terms is incorporated by reference into this Agreement or stated to constitute part of the Trust's Governing Instrument or that is incorporated herein by Section 2.3 of this Agreement;

  • Trade Instruments means any performance bonds, advance payment bonds or documentary letters of credit issued in respect of the obligations of any member of the Group arising in the ordinary course of trading of that member of the Group.

  • Financial Instrument means those instruments specified in Section C of Annex I;

  • Trust instrument means this Agreement and Declaration of Trust as the same may be amended and restated from time to time.

  • Closing Instrument means the closing instrument of the Trust, pursuant to which the Indenture is entered into, and certain other documents are executed, in connection with the issuance of the Notes by the Trust.

  • Subject Instruments shall nonetheless mean such instrument, agreement or other document, as the case may be, in its entirety, including any portions thereof which shall have been so redacted, deleted or otherwise not filed.

  • Debt Instrument means any loan, bond, debenture, promissory note or other instrument evidencing indebtedness (demand or otherwise) for borrowed money or other liability;

  • Subsequent Transfer Instrument Each Subsequent Transfer Instrument, dated as of a Subsequent Transfer Date, executed by the Trustee and the Company substantially in the form attached hereto as Exhibit D, by which Subsequent Mortgage Loans are transferred to the Trust Fund.

  • Material Debt Instrument means any physical instrument evidencing any Indebtedness for borrowed money which is required to be pledged and delivered to the Administrative Agent (or its bailee) pursuant to the Security Agreement.

  • Foreign Pledge Agreement means a pledge or charge agreement with respect to the Collateral that constitutes Equity Interests of a Foreign Subsidiary, in form and substance reasonably satisfactory to the Administrative Agent.

  • Municipal debt instrument means any note, bond, debenture or other evidence of indebtedness issued by a municipality, including dematerialised or electronic evidence of indebtedness intended to be used in trade;

  • statutory instrument means an instrument (including a regulation) made or in force under or for the purposes of this Law, and includes an instrument made or in force under any such instrument;

  • Written instrument means a written or printed agreement, bill of sale, or any other written or printed note or memorandum of the sale or exchange of a work of fine art by an art merchant and includes a written or printed catalog or other prospectus of a forthcoming sale as well as any written or printed corrections or amendments thereof.

  • Current Reference Instrument means the Initial Reference Instrument from the Index Start Date until the first Rollover Date. Once the Index Closing Value on the first Rollover Date has been calculated and determined, this Reference Instrument loses its validity and is replaced by the Reference Instrument contract for the Contract Months specified above next falling due on the Reference Exchange. On each subsequent Rollover Date, following the calculation and determination of the Index Closing Value, the Current Reference Instrument is replaced in turn by the Reference Instrument contract falling due on the Reference Exchange in the next following Contract Month.

  • Mortgage Instrument means any mortgage, deed of trust or deed to secure debt executed by a Credit Party in favor of the Administrative Agent, for the benefit of the Secured Parties, as the same may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Derivative Instrument with respect to a Person, means any contract, instrument or other right to receive payment or delivery of cash or other assets to which such Person or any Affiliate of such Person that is acting in concert with such Person in connection with such Person’s investment in the Notes (other than a Screened Affiliate) is a party (whether or not requiring further performance by such Person), the value and/or cash flows of which (or any material portion thereof) are materially affected by the value and/or performance of the Notes and/or the creditworthiness of the Company and/or any one or more of the Guarantors (the “Performance References”).

  • Financial Instruments means commodities, securities, and derivatives of all types, including, without limitation, stocks and other equity instruments, bonds and other debt instruments, commodities and futures, forwards, swaps, and options that derive their value from bonds, equities, commodities or indices thereof.

  • Pledge Instruments With respect to each Cooperative Loan, the Stock Power, the Assignment of Proprietary Lease and the Security Agreement.

  • Long Derivative Instrument means a Derivative Instrument (i) the value of which generally increases, and/or the payment or delivery obligations under which generally decrease, with positive changes to the Performance References and/or (ii) the value of which generally decreases, and/or the payment or delivery obligations under which generally increase, with negative changes to the Performance References.

  • Borrower Pledge Agreement means the Pledge Agreement of even date herewith executed by Borrower in favor of Agent, on behalf of itself and Lenders, pledging all Stock of its Subsidiaries, if any, and all Intercompany Notes owing to or held by it.

  • money market instrument means with respect of an Index Calculation Date the Stockholm Interbank Offered Rate 3 Months (the "Reference Interest Rate"), as published on Bloomberg page STIBB3M Index (or any replacement Bloomberg page which displays that rate) (the "Screen Page") around 11:00 a.m. (London time) on that day.

  • Tier 1 Instruments means any and all (i) securities or other obligations (other than Tier 1 Shares) issued by UBS Group AG or (ii) shares, securities, participation securities or other obligations (other than Tier 1 Shares) issued by a subsidiary of UBS Group AG and having the benefit of a guarantee, credit support agreement or similar undertaking of UBS Group AG, each of which shares, securities, participation securities or other obligations described in clauses (i) and (ii) of this definition qualify, or are issued in respect of a security that qualifies, as Tier 1 Capital of the Group and/or UBS Group AG (without regard to quantitative limits on such capital) on a consolidated (Finanzgruppe) or on an unconsolidated (Einzelinstitut) basis.

  • Credit Support Instrument The instrument or document pursuant to which the Credit Support for a given Series (or Class within such Series) is provided, as specified in the applicable Supplement.