The guideline for the Extended Producer Responsibility (EPR) Electronic Trading Platform (ETP) has been introduced by the Ministry of Environment, Forest, and Climate Change (MoEF&CC) to enhance the transparency and efficiency of trading EPR certificates for waste management.
EPR ETP is to focus on sustainability by allowing companies to trade EPR certificates. Now Producers, Importers, and Brand owners can fulfil their recycling obligations regarding E-Waste, Battery, Plastic, Tyre Waste and Used oil Management through this secure and transparent platform.
Key Features:
- Direct Trading: It ensures direct business between obligated entities (producers, recyclers, and processors of waste).
- Transparency & Fair Pricing: Market-based pricing in real time based on supply and demand.
- Secure Transactions. The platform protects financial integrity with standards set out by CPCB.
- Regulated by CPCB: The platform will be managed by an Electronic Trading Platform (ETP) Operator, fully regulated by the Central Pollution Control Board (CPCB) with Third-Party Auditing to ensure accuracy and fairness.
Financial Criteria for ETP Operator:
- Turnover: ₹50 crores/year (last 3 years).
- Net worth: ₹10 crores (average of last 3 years).
Why this Matters?
This platform will revolutionize waste management by:
- Enabling transparent EPR certificate trading.
- Strengthen Robust compliance and regulatory mechanisms.
- Promoting a circular economy through material recovery and reuse.
For more information, access the official link from here: Guidelines for EPRETP
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