October 9, 2020 |
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(Bloomberg) — France is preparing incentives for consumers to shift spending habits to used electronics, in an attempt to lower the impact on the environment and provide a boost to local ecommerce startups.
A pedestrian uses a smartphone while wearing a protective face mask outside the LVMH Moet Hennessy Louis Vuitton SE luxury goods store in Place Vendome, in Paris, France, on Tuesday, March 10, 2020. The euro-area economy may be headed for its first recession in seven years as the coronavirus outbreak takes an increasing toll on businesses and consumer confidence.
The government said it will deploy a scoring system on devices’ re-usability from January, and will set aside 21 million euros ($25 million) from its stimulus plan to fund re-usability startups and projects.
Environment minister Barbara Pompili and her colleague for Digital Affairs, Cedric O, told Bloomberg that the government is in talks to boost second-hand
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