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Banning harmful chemicals could help Europe save up to €31 billion a year

Withdrawing the most problematic chemical substances from the market could yield substantial health benefits, estimated at €11-31 billion per year in the EU. The annual cost for industries over the next three decades would be around €0.9-2.7 billion, significantly lower than the health benefits.

Our comment :

There is an opportunity for industries to implement safer and health-friendly alternatives while maintaining their profitability.This analysis highlights the need for effective regulation and responsible management of chemical substances to protect individuals’ health and reduce environmental risk.
Radia Lahlou, Biotech and Genetics expert
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Banning harmful chemicals could help Europe save up to €31 billion a year

Withdrawing the most problematic chemical substances from the market could yield substantial health benefits, estimated at €11-31 billion per year in the EU. The annual cost for industries over the next three decades would be around €0.9-2.7 billion, significantly lower than the health benefits.

BLUMORPHO comment :

There is an opportunity for industries to implement safer and health-friendly alternatives while maintaining their profitability.This analysis highlights the need for effective regulation and responsible management of chemical substances to protect individuals’ health and reduce environmental risk.
Radia Lahlou, Biotech and Genetics expert
ClosePlease login

Banning harmful chemicals could help Europe save up to €31 billion a year

Withdrawing the most problematic chemical substances from the market could yield substantial health benefits, estimated at €11-31 billion per year in the EU. The annual cost for industries over the next three decades would be around €0.9-2.7 billion, significantly lower than the health benefits.

BLUMORPHO comment :

There is an opportunity for industries to implement safer and health-friendly alternatives while maintaining their profitability.This analysis highlights the need for effective regulation and responsible management of chemical substances to protect individuals’ health and reduce environmental risk.
Radia Lahlou, Biotech and Genetics expert
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