The benefits of the REACH system are twofold: risks to human health will be reduced and environmental quality will be improved through the better and earlier identification of the properties of chemical substances. The identification of hazards and better management of risks resulting from the use of chemicals will contribute to the prevention of health problems caused by exposure to chemicals, e.g. lower occurrence of diseases and preventable deaths, and lower costs for the national health systems. The benefits will come gradually as more and more substances are phased into REACH. The anticipated benefits to environment and human health are expected to be significant. The Commission's Impact Assessment developed an illustrative scenario which put the health benefits in the order of magnitude of €50 billion over a 30 year period. The expected environmental benefits have not been expressed in monetary terms.
The European chemicals industry will benefit from a single EU regulatory system, decision-making with set deadlines, and a high quality image for their products. Downstream users of chemicals will get relevant information on the safe use of each chemical substance they buy. They will have closer contacts with their suppliers, and will be able to ensure better protection of their workers. Their products will be safer for consumers and the environment.
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