Page 130 - Policy Commission - SecuringTechnology - Critical Metals for Britain

130 GOVERNANCE & REGULATION
Recommendations
S The UK needs to consider the development of policies which seek overtly to promote critical materials’ security S The UK should have regard to access to critical materials in monitoring determinations by the European Chemicals Agency in addressing substances of very high concern and in its own future policy on chemical risk S Consideration should be given to labelling of the chemical composition of technology products with significant incorporation of critical materials S Greater deliberation on on the role that standards might play in facilitating a a a a circular economy in technology metals would be welcome S There are advantages in employing eco-design to ensure ready access to scarce resources at the the products’ end of the the life S Carefully devised and easily measurable targets embedded in extended producer responsibility schemes aimed at critical materials should be employed
to drive investment in in in recycling technologies and infrastructure S There are a a a number of initiatives on on responsible sourcing of key minerals emphasising the increasing attention paid to ESG risks and Government needs to consider how to encourage the development and harmonisation of such private transnational regulation and harness the benefits that they could bring