Definition: Pollution prevention investments
Investments that lead to a modified or adapted production process. They serve to reduce the amount of pollution generated. When a new production process is introduced, the environmental protection expenditure consists of the outlays over and above what would have been paid for cheaper, viable, but less environmentally benign equipment. Where an existing plant is modified, the environmental investment is equal to the total outlays for the environmental adaptation.
Eurostat, "Environmental protection expenditure by industry in the European Union", Statistics in Focus, Environment and Energy, 9/2005, Luxembourg, 2005