New bill proposes eco tax on imported products - Capital Business
Connect with us

Hi, what are you looking for?

CS Duale/courtesy

Climate

New bill proposes eco tax on imported products

NAIROBI, Kenya, Sep 30 – Environment Cabinet Secretary, Aden Duale, is proposing an eco tax on imported finished products.

In a notice, Duale says that the revenue will be used to mitigate the financial burden posed by environmental pollution and a lack of sustainable waste management systems.

If the bill passes, every person that introduces goods, products, or packaging materials into the country will be needed to pay a fee that will cater for all the post-consumption aspects of waste management, such as recycling and

incineration processes, which Duale says still “leave some residual waste behind which needs to be disposed of properly and sustainably.’

“Currently, every person that introduces goods, products or packaging materials into the country have Extended Producer Responsibility (EPR) obligations for the purposes of reducing pollution and the negative environmental impacts of the products they introduce in the country. However, EPR does not cater for all the post-consumption aspects of waste management,” he stated.

The CS noted that the revenue shall be paid directly to the National Environment Restoration Fund.

He is assertive that the additional budgetary allocation will further be fundamental in combating biodiversity loss and climate change.

“The additional budgetary allocation is to be derived from revenue generated from imported finished products as may be specied in legislation, and shall be paid directly into the National Environment Restoration Fund established by section 25 of the Environmental Management and Co-ordination Act (Cap. 387),” he stated.

The funds, he says, will be used to elect effective waste management infrastructure, implementation of ecosystem restoration programs, and support for innovation and enhanced research.

“The additional revenue is meant to be a strategic tool designed to be applied to products that contribute significantly to the waste burden. It is meant to encourage environmentally sustainable practices, fund waste management programs, and promote environmental stewardship across the country,” he stated.

The CS has thus invited members of the public and other stakeholders to submit views or memoranda on the proposed additional revenue.

Visited 4 times, 1 visit(s) today

More on Capital Business

Kenya

NAIROBI, Kenya, Dec 18 – MPs are seeking sweeping new powers that would require all newspapers published in the country to be submitted to...

Kenya

NAIROBI, Kenya, Nov 10 – Foreign companies operating in Kenya will be required to source supplies, services, and goods locally under a new law...

Top Story

  Click here to connect with us on WhatsApp NAIROBI, Kenya, Sept 29 – The Central Bank of Kenya (CBK) has proposed a sharp...

Top Story

NAIROBI, Kenya, Sept 26 – The Kenya Private Sector Alliance (KEPSA) has urged the United States to renew the African Growth and Opportunity Act...

World

WASHINGTON, Sept. 19 (Xinhua) — International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday proposed the appointment of Daniel Katz, chief of staff...

Technology

SEPT 6 – Tesla boss Elon Musk will receive a pay package worth over $1tn (£740bn) if he hits a list of ambitious targets...

Lifestyle

MAY 10 – US President Donald Trump has proposed cutting tariffs on goods from China, in his latest comment to signal interest in de-escalating...

Lifestyle

KIEV, March 26 (Xinhua) — Washington has proposed a new version of the minerals deal to Kiev based on a previous framework agreement, Ukrainian...