Can economic instruments promote a circular economy?

Can economic instruments promote a circular economy?
Author: Eriksson, Flintull Annica
Publisher: Nordic Council of Ministers
Total Pages: 85
Release:
Genre: Political Science
ISBN: 9289377712

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
Total Pages: 631
Release: 2020-12-18
Genre: Technology & Engineering
ISBN: 9811585105

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.

The Circular Economy

The Circular Economy
Author: Pablo del Río
Publisher: Springer Nature
Total Pages: 186
Release: 2021-07-02
Genre: Business & Economics
ISBN: 3030747921

This book provides an in-depth analysis of the concept of the Circular Economy (CE), as well as an assessment of the drivers and barriers for circular practices by firms, and its implications for managers in firms and public policy makers. It includes proposals for policy frameworks and instruments that will encourage the uptake of CE practices. The book is presented in three linked parts. The first part of the book provides a broad view of the topic, put into the wider context of sustainability. In the second part, the drivers of and barriers to the uptake of the CE are analysed, with a special focus on the micro-level not seen often in the previous studies on the CE. This book is of interest to researchers, policy makers and post-graduate students in areas such as environmental management and economics.

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
Total Pages: 118
Release: 2019-09-23
Genre:
ISBN: 926430939X

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
Total Pages: 120
Release: 2015-03-18
Genre:
ISBN: 9289338911

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
Total Pages: 259
Release: 2020-07-31
Genre: Law
ISBN: 1839109912

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
Total Pages: 376
Release: 2018-09-13
Genre: Nature
ISBN: 1787146200

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.

Environmental Law and Economics

Environmental Law and Economics
Author: Klaus Mathis
Publisher: Springer
Total Pages: 542
Release: 2017-04-07
Genre: Law
ISBN: 3319509322

This anthology discusses important issues surrounding environmental law and economics and provides an in-depth analysis of its use in legislation, regulation and legal adjudication from a neoclassical and behavioural law and economics perspective. Environmental issues raise a vast range of legal questions: to what extent is it justifiable to rely on markets and continued technological innovation, especially as it relates to present exploitation of scarce resources? Or is it necessary for the state to intervene? Regulatory instruments are available to create and maintain a more sustainable society: command and control regulations, restraints, Pigovian taxes, emission certificates, nudging policies, etc. If regulation in a certain legal field is necessary, which policies and methods will most effectively spur sustainable consumption and production in order to protect the environment while mitigating any potential negative impact on economic development? Since the related problems are often caused by scarcity of resources, economic analysis of law can offer remarkable insights for their resolution. Part I underlines the foundations of environmental law and economics. Part II analyses the effectiveness of economic instruments and regulations in environmental law. Part III is dedicated to the problems of climate change. Finally, Part IV focuses on tort and criminal law. The twenty-one chapters in this volume deliver insights into the multifaceted debate surrounding the use of economic instruments in environmental regulation in Europe.

Natural Resource Management and the Circular Economy

Natural Resource Management and the Circular Economy
Author: Robert C. Brears
Publisher: Springer
Total Pages: 359
Release: 2018-02-15
Genre: Political Science
ISBN: 3319718886

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.

Resource Recovery from Wastes

Resource Recovery from Wastes
Author: Lynne E Macaskie
Publisher: Royal Society of Chemistry
Total Pages: 466
Release: 2019-10-15
Genre: Technology & Engineering
ISBN: 1788018656

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.