Reducing government regulations

Reducing statutory government intervention in socio-economic life.

Within environmental regulation, while most regions in the world are now trying to strengthen their institutions and regulations, some are shifting towards deregulation, increased use of economic instruments and subsidy reform, reliance on voluntary action by the private sector, and more public and NGO participation. This development is fed by the increasing complexity of environmental regulation and high control costs as well as demands from the private sector for more flexibility, self-regulation and cost-effectiveness.