Private voluntary sustainability standard systems are an innovative market-based approach to promoting sustainable production and business practices. Adoption of these sustainability standards is intended to be voluntary: the standards are not created, run, or required by governments or government regulation. Instead, voluntary sustainability standard systems are non-government initiatives that seek to drive sustainable production and consumption by creating market demand for sustainable products, and a supply to meet that demand. They help buyers (both consumers and businesses) identify sustainably-produced products, and they guide producers, forest managers, mine and tourism operators, and factory owners and others in the choice of sustainable practices.
CITATION STYLE
Komives, K., & Jackson, A. (2014). Introduction to Voluntary Sustainability Standard Systems (pp. 3–19). https://doi.org/10.1007/978-3-642-35716-9_1
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