Packaging Waste Recovery Note: Difference between revisions

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[[Category:Legislation & Policy]][[Category:Economics]]

A [[Packaging Waste ~~Recycling~~ Note]] ([[PRN]]) or [[Packaging Waste Export ~~Recycling~~ Note]] ([[PERN]]) is the tradable evidence that demonstrates that an 'obligated company' (i.e. a company, business or organisation that falls within the remit and/or threshold of the [[Packaging and Packaging Waste Directive]]) has met its responsibilities under [[The Producer Responsibility Obligations (Packaging Waste) Regulations 1997]], as amended.

A [[Packaging Waste Recovery Note]] ([[PRN]]) or [[Packaging Waste Export Recovery Note]] ([[PERN]]) is the tradable evidence that demonstrates that an 'obligated company' (i.e. a company, business or organisation that falls within the remit and/or threshold of the [[Packaging and Packaging Waste Directive]]) has met its responsibilities under [[The Producer Responsibility Obligations (Packaging Waste) Regulations 1997]], as amended.

==Background==

[[The Producer Responsibility Obligations (Packaging Waste) Regulations 1997]], as amended, introduces obligations on producers to provide financial incentives to the packaging recycling industry to collect and reprocess (or export for reprocessing elsewhere) sufficient material to meet the targets set by the Government <ref name="Pack">https://app.croneri.co.uk/feature-articles/packaging-recovery-how-it-works-and-why-it-needs-improving</ref> - a direct application of the [[Polluter Pays Principle]].

[[PRN]]s can be delivered by producing evidence ~~of recycling~~ by an 'obligated company' or can be purchased from a [[Reprocessor]] of [[Packaging Waste]] (issued ~~at the point of recycling~~ as evidenced with the ~~regulator~~) to deliver against the producer’s obligations whereas [[PERN]]s are issued at the point of export to a [[Reprocesser]] outside the UK. The values of [[PRN]]s and [[PERN]]s fluctuate with the targets set for [[Packaging Waste]] recycling annually, the volume of material available in the market and other factors such as oil prices, secondary raw material prices and exchange rates.<ref name="Pack" />

[[PRN]]s can be delivered by producing evidence by an 'obligated company' or can be purchased from a [[Reprocessor]] of [[Packaging Waste]] (issued as evidenced with the [[Regulator]]) to deliver against the producer’s obligations whereas [[PERN]]s are issued at the point of export to a [[Reprocesser]] outside the UK. The values of [[PRN]]s and [[PERN]]s fluctuate with the targets set for [[Packaging Waste]] recycling annually, the volume of material available in the market and other factors such as oil prices, secondary raw material prices and exchange rates.<ref name="Pack" />

The 'Packaging Producer Responsibility System' was under review, with first stage consultations having completed in July 2019<ref>https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/819467/epr-consult-sum-resp.pdf</ref> and was to be replaced by an [[Extended Producer Responsibility]] system - originally planned for final consultation in 2021 for implementation from 2021 to 2025 - as captured in the most recent [[DEFRA]] Waste Management Plan for England<ref>[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/955897/waste-management-plan-for-england-2021.pdf Waste Management Plan for England 2021]</ref>.

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 [[Category:Legislation & Policy]][[Category:Economics]]
-A [[Packaging Waste Recycling Note]] ([[PRN]]) or [[Packaging Waste Export Recycling Note]] ([[PERN]]) is the tradable evidence that demonstrates that an 'obligated company' (i.e. a company, business or organisation that falls within the remit and/or threshold of the [[Packaging and Packaging Waste Directive]]) has met its responsibilities under [[The Producer Responsibility Obligations (Packaging Waste) Regulations 1997]], as amended.
+A [[Packaging Waste Recovery Note]] ([[PRN]]) or [[Packaging Waste Export Recovery Note]] ([[PERN]]) is the tradable evidence that demonstrates that an 'obligated company' (i.e. a company, business or organisation that falls within the remit and/or threshold of the [[Packaging and Packaging Waste Directive]]) has met its responsibilities under [[The Producer Responsibility Obligations (Packaging Waste) Regulations 1997]], as amended.
 ==Background==
 [[The Producer Responsibility Obligations (Packaging Waste) Regulations 1997]], as amended, introduces obligations on producers to provide financial incentives to the packaging recycling industry to collect and reprocess (or export for reprocessing elsewhere) sufficient material to meet the targets set by the Government <ref name="Pack">https://app.croneri.co.uk/feature-articles/packaging-recovery-how-it-works-and-why-it-needs-improving</ref> - a direct application of the [[Polluter Pays Principle]].
-[[PRN]]s can be delivered by producing evidence of recycling by an 'obligated company' or can be purchased from a [[Reprocessor]] of [[Packaging Waste]] (issued at the point of recycling as evidenced with the regulator) to deliver against the producer’s obligations whereas [[PERN]]s are issued at the point of export to a [[Reprocesser]] outside the UK. The values of [[PRN]]s and [[PERN]]s fluctuate with the targets set for [[Packaging Waste]] recycling annually, the volume of material available in the market and other factors such as oil prices, secondary raw material prices and exchange rates.<ref name="Pack" />
+[[PRN]]s can be delivered by producing evidence by an 'obligated company' or can be purchased from a [[Reprocessor]] of [[Packaging Waste]] (issued as evidenced with the [[Regulator]]) to deliver against the producer’s obligations whereas [[PERN]]s are issued at the point of export to a [[Reprocesser]] outside the UK. The values of [[PRN]]s and [[PERN]]s fluctuate with the targets set for [[Packaging Waste]] recycling annually, the volume of material available in the market and other factors such as oil prices, secondary raw material prices and exchange rates.<ref name="Pack" />
 The 'Packaging Producer Responsibility System' was under review, with first stage consultations having completed in July 2019<ref>https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/819467/epr-consult-sum-resp.pdf</ref> and was to be replaced by an [[Extended Producer Responsibility]] system - originally planned for final consultation in 2021 for implementation from 2021 to 2025 - as captured in the most recent [[DEFRA]] Waste Management Plan for England<ref>[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/955897/waste-management-plan-for-england-2021.pdf Waste Management Plan for England 2021]</ref>.