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belang

English translation: incentive

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:belang
English translation:incentive
Entered by: Barbara Milano

15:02 Jun 19, 2020
Dutch to English translations [PRO]
Environment & Ecology / circular economy
Dutch term or phrase: belang
Mijn sleutel naar een circulair systeem is organisatorisch van aard. Door het *belang* voor circulaire omgang van grondstoffen bij de producent leggen. Dit belang wordt georganiseerd door na het gebruik het product weer retour aan de leverancier of zijn samenwerkingspartners te sturen. Gebruikers betalen voor gebruik in plaats van bezit of er zijn terugkoopafspraken. Op deze manier heeft de leverancier een belang. Een belang om zijn product op dusdanige wijze te maken dat hij of zijn partners in de kringloop de grondstoffen weer opnieuw kunnen gebruiken.

They are talking about circularity. How would you translate *belang* in this context?

Thank you!
Barbara Milano
Netherlands
Local time: 23:33
incentive
Explanation:
The writer wants to arrange things so that circular use of raw materials is in the producer's interest. The producer is thus encouraged to ensure circularity - s/he has an 'incentive' to do so (vanDale EN-NL: 'incentive' = stimulans
aansporing, prikkel, impuls, drijfveer, motief

E.g.: As I see it, the key to a circular system is organisational - by providing the producer with an incentive to ensure circularity of raw materials.

Terrible source text, by the way. You have my commiserations!
Selected response from:

Liesbeth Blom-Smith
United Kingdom
Local time: 22:33
Grading comment
Thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3incentive
Liesbeth Blom-Smith
3 +1interest
Barend van Zadelhoff
Summary of reference entries provided
Refs
Kitty Brussaard

  

Answers


11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
incentive


Explanation:
The writer wants to arrange things so that circular use of raw materials is in the producer's interest. The producer is thus encouraged to ensure circularity - s/he has an 'incentive' to do so (vanDale EN-NL: 'incentive' = stimulans
aansporing, prikkel, impuls, drijfveer, motief

E.g.: As I see it, the key to a circular system is organisational - by providing the producer with an incentive to ensure circularity of raw materials.

Terrible source text, by the way. You have my commiserations!


    https://www.vandale.nl/zoeken/zoeken.do
Liesbeth Blom-Smith
United Kingdom
Local time: 22:33
Native speaker of: Native in DutchDutch
PRO pts in category: 4
Grading comment
Thank you!

Peer comments on this answer (and responses from the answerer)
agree  philgoddard: I agree the text is difficult to follow, but I think it's saying that manufacturers can actually make money from recycling.
20 mins
  -> Agreed.
agree  Catriona C.
22 mins
agree  Kitty Brussaard: However, you may want to add sth like 'internal' to make clear this incentive is inherent to the Product as a Service business model and not a financial/economic incentive offered by a government or other third party.
20 hrs
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35 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
interest


Explanation:
Door het *belang* voor circulaire omgang van grondstoffen bij de producent leggen.

…, by making sure that the producer has an interest in circularity of raw materials

has an interest in - belang heeft bij

Dit belang wordt georganiseerd ...
This interest is organized/created by ...

Op deze manier heeft de leverancier een belang.
In this way the producer/supplier has an interest in this.

has an interest in this - heeft [de leverancier] hier belang bij

Een belang om zijn product op dusdanige wijze te maken dat hij of zijn partners in de kringloop de grondstoffen weer opnieuw kunnen gebruiken.

An interest in creating their product in such a way...

An interest in - Er belang bij om

Barend van Zadelhoff
Netherlands
Local time: 23:33
Native speaker of: Native in DutchDutch
Notes to answerer
Asker: Thank you! I have actually ended up using both terms :-)


Peer comments on this answer (and responses from the answerer)
neutral  philgoddard: "An interest in" is the same as "an incentive to".
1 hr
  -> Not totally the same and not totally different. Also, interest can be used in all four instances, incentive cannot.
agree  Kitty Brussaard: I agree this might work and I'd probably leave out 'interest' in the second example: This is organized by etc. See f.i. https://tinyurl.com/ycyfsdcf and https://tinyurl.com/y9ywy6pm.
19 hrs
  -> Thank you, Kitty. Nice examples. :-)
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Reference comments


20 hrs
Reference: Refs

Reference information:
New revenue models play an important role in the transition towards a circular economy. Consumers and companies will for example pay for the use of a product or machine more often. If products would remain the property of their producers, this would provide the producers with an incentive to ensure a longer product lifespan, or to reuse the raw materials more efficiently. In addition, producers would also remain responsible for repair and maintenance.
https://themasites.pbl.nl/o/circular-economy/

Another example is Signify, formerly Philips Lighting. We have recently added Signify to our portfolios. The company is a pioneer in the development of energy-efficient led technology. But furthermore, the company also develops innovative service offerings, such as ‘light as a service'. This means that the company does not sell led lamps, but light. Or in other words: it leases the lamps to the users but retains the ownership. This means that Signify has a direct interest in making the lamps as sustainable and recyclable as possible, because at the end of the lease period the lamps are returned to the company. We find this service concept very compelling. It is a concrete embodiment of the structure of a circular economy.”
https://www.triodos-im.com/articles/2019/selecting-sustainab...

Key mechanisms shaping the role of products in a linear and a circular economy

Linear system mechanisms:

Tendency to disregard end-of-life phase
There is no economic incentive for product life extension, reuse or remanufacturing as they counteract most linear business models

Circular system mechanisms:

Internal incentive to incorporate end-of-life phase in business model

As products are assets, minimising life-cycle costs is an implicit incentive for a company, inducing a search for the best economic equilibrium between reusing, repairing, remanufacturing and recycling products.
https://circulareconomy.europa.eu/platform/sites/default/fil...

Kitty Brussaard
Netherlands
Native speaker of: Native in DutchDutch
PRO pts in category: 16
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