The main objective of the European Council Directive 96/61/EC concerning integrated pollution prevention and control is to achieve an integrated approach of environmental protection by co-ordinating the authorization procedures of the competent authorities. However, by prescribing the permit...

This paper considers environmental labelling (or ecolabelling for short) as an informational instrument of environmental policy. It examines some economic aspects of environmental labelling, for example, the function of product certification to overcome market failures for environmental superior...