Can economic instruments promote a circular economy?

Can economic instruments promote a circular economy?

Author: Eriksson, Flintull Annica

Publisher: Nordic Council of Ministers

Published:

Total Pages: 85

ISBN-13: 9289377712

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Available online: https://pub.norden.org/temanord2024-505/ The report analyses the potential of developing new economic instruments or modifying existing ones to promote the transition towards a circular economy, with examples from the textile- and construction sector. The results are similar for the two sectors. Economic instruments that could promote circularity include environmental taxes, such as natural resource taxes, import taxes, waste taxes, as well as Extended Producer Responsibility, VAT, and subsidies. A more in-depth analysis of the implementation of environmental taxes in the respective sectors show that taxes can be used to affect the market and consumer behaviour. However, the results indicate that the tax level needs to be relatively high to boost a shift towards circular economy. The results also show the difficulty in anticipating environmental and socio-economic impacts of a tax.


An Introduction to Circular Economy

An Introduction to Circular Economy

Author: Lerwen Liu

Publisher: Springer Nature

Published: 2020-12-18

Total Pages: 631

ISBN-13: 9811585105

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This book is purposefully styled as an introductory textbook on circular economy (CE) for the benefit of educators and students of universities. It provides comprehensive knowledge exemplified by practices from policy, education, R&D, innovation, design, production, waste management, business and financing around the world. The book covers sectors such as agriculture/food, packaging materials, build environment, textile, energy, and mobility to inspire the growth of circular business transformation. It aims to stimulate action among different stakeholders to drive CE transformation. It elaborates critical driving forces of CE including digital technologies; restorative innovations; business opportunities & sustainable business model; financing instruments, regulation & assessment and experiential education programs. It connects a CE transformation for reaching the SDGs2030 and highlights youth leadership and entrepreneurship at all levels in driving the sustainability transformation.


OECD Environmental Performance Reviews Waste Management and the Circular Economy in Selected OECD Countries Evidence from Environmental Performance Reviews

OECD Environmental Performance Reviews Waste Management and the Circular Economy in Selected OECD Countries Evidence from Environmental Performance Reviews

Author: OECD

Publisher: OECD Publishing

Published: 2019-09-23

Total Pages: 118

ISBN-13: 926430939X

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This report provides a cross-country review of waste, materials management and circular economy policies in selected OECD countries, drawing on OECD’s Environmental Performance Reviews during the period 2010-17. It presents the main achievements in the countries reviewed, along with common ...


Economic Policy Instruments for Plastic Waste

Economic Policy Instruments for Plastic Waste

Author: Magnus Hennlock

Publisher: Nordic Council of Ministers

Published: 2015-03-18

Total Pages: 120

ISBN-13: 9289338911

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Achieving a high quality of waste plastic materials and recycling processes is a key challenge in closing the resource loops for plastics. This report reviews the status and trends for plastic waste flows and treatment in Denmark, Finland, Norway and Sweden. Furthermore, it gives an overview of existing policy instruments and the main challenges for designing policy instruments for improved recycling of plastic waste in these Nordic countries. The report identifies potential market failures associated with closing the resource loops for plastics. It reviews the economics research literature on policy instrument design for achieving optimal recycling rates and makes policy recommendations from the Nordic perspective. Finally, it presents results from a survey on market conditions to managers in the recycling and plastic manufacturing industry in Sweden.


Economic Instruments for a Low-carbon Future

Economic Instruments for a Low-carbon Future

Author: Theodoros Zachariadis

Publisher: Edward Elgar Publishing

Published: 2020-07-31

Total Pages: 259

ISBN-13: 1839109912

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Critically assessing recent developments in environmental and tax legislation, and in particular low-carbon strategies, this timely book analyses the implementation of market-based instruments for achieving climate stabilisation objectives around the world.


Unmaking Waste in Production and Consumption

Unmaking Waste in Production and Consumption

Author: Robert Crocker

Publisher: Emerald Group Publishing

Published: 2018-09-13

Total Pages: 376

ISBN-13: 1787146200

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This book provides scholars working in the many disciplines that relate to the concept of the Circular Economy with a cross-disciplinary forum, looking at areas such as: Theory, Policy and Contexts; Improving Resource Efficiency and Reducing Waste; Changing Consumption and Behaviour by Design; and Transforming Technologies of Production.


Practicing Circular Economy

Practicing Circular Economy

Author: Prasad Modak

Publisher: CRC Press

Published: 2021-06-24

Total Pages: 358

ISBN-13: 1000405362

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Introduces evolution of circlar economy to clarify the concept from engineering perspective Gives global overview of adoption of circlar economy covering Japan, Korea, China, EU, North Americas and Australia Emphasizes on pertinent case studies Provide examples of circular economy practices in manufacturing and services and give insights to business models and financing Presents comprehensive overview of wide-ranging and highly interconnected paradigms, such as supply chains, eco-design, businesses models and reverse logistics


Resource Recovery from Wastes

Resource Recovery from Wastes

Author: Lynne E Macaskie

Publisher: Royal Society of Chemistry

Published: 2019-10-15

Total Pages: 466

ISBN-13: 1788018656

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The concept of a circular economy has been gaining increasing attention in recent years. Many of the sources of chemicals we have become reliant on are dwindling and the accumulation of waste products poses a serious environmental problem. By recovering resources from these waste materials, we can reduce our dependence on virgin feedstocks that may not be sustainable as well as reducing the quantity of material going to landfill sites. Incorporating different perspectives from a global authorship, this book aims to introduce systems thinking to the field of waste and resource management. The topics covered range from the use of biogeochemical processes in resource recovery to the application of engineered nanomaterials, with information relevant to both academia and industry. The broad range and cross-disciplinary nature of the topics in this book make it a valuable resource for those working in circular economy research, green chemistry and waste and resource management.


Redefining Capitalism in Global Economic Development

Redefining Capitalism in Global Economic Development

Author: Kui-Wai Li

Publisher: Academic Press

Published: 2017-06-07

Total Pages: 477

ISBN-13: 0128041978

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Redefining Capitalism in Global Economic Development reconsiders capitalism by taking into account the unfolding forces of economic globalization, especially in Asian economies. It explores the economic implications and consequences of recent financial crises, terrorism, ultra-low interest rates that are decades-long, debt-prone countries and countries with large trade surpluses. The book illuminates these economic implications and consequences through a framework of capitalist ideologies and concepts, recognizing that Asia is redefining capitalism today. The author, Li, seeks not to describe why nations fail, but how the sustainability of capitalism can save the world. - Merges capitalist theory with global events, as few books do - Emphasizes ways to interpret capitalist ideas in light of current global affairs - Reframes capitalism via economics, supported by insights from political science, sociology, international relations and peace studies


Natural Resource Management and the Circular Economy

Natural Resource Management and the Circular Economy

Author: Robert C. Brears

Publisher: Springer

Published: 2018-02-15

Total Pages: 359

ISBN-13: 3319718886

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This book provides insight into how governments are using a variety of innovative fiscal and non-fiscal instruments to develop circular economies with significant economic and environmental benefits. It emphasises the urgent need for these circular economies and to move away from our current, linear model that has led to environmental degradation, volatility of resource prices and supply risks from uneven distribution of natural resources. Natural Resource Management and the Circular Economy illustrates how governments have promoted the development of an economy that can provide substantial net material savings; mitigate price volatility and supply risks; and improve ecosystem health and long-term resilience of the economy. Through a series of case studies, it details the various innovative policy instruments which can be utilised, including regulations; market-based instruments; incentives; research and innovation support; information exchanges; and support for voluntary approaches. The book also proposes a series of best practices for different countries, both developed and developing, who are implementing their circular economy.