"In this paper we develop a global computable general equilibrium (CGE) model to evaluate the effects of illustrative circular economy scenarios for Denmark and the European Union using the GTAP 8 dataset. The goal of a circular economy is to minimize the use of virgin resources and the generation of residuals not re-used in production. We simulate four circularity scenarios – two Denmark specific circularity scenarios and two scenarios that affect the European Union. The modeling results show that Denmark’s gross domestic product (GDP) could increase by 0.8% to 1.4% relative to the...
Meyer et al. examine a combined policy consisting in resource use and CO2 emissions reduction targets using the GINFORS model. Specifically, they analyze different ways of achieving environmental targets, which relate to CO2 emissions, cropland footprint, raw material consumption and water exploitation index. In the first case (“Global cooperation”), the authors assume that all countries in the world share the environmental targets and a global policy mix is adopted, which includes measures to reduce climate impacts and to enhance biotic and abiotic material...
"Addressing climate change and natural resource depletion has been key to the international and national sustainability agenda for almost 30 years. Despite existing efforts, global CO2 emissions and raw material use levels continue to grow. This seems to suggest the need for more systemic approaches in environmental policy. Our paper contributes modelling results to assess the potential of efficiency improvements to achieve absolute decoupling of global raw material use and environmental impacts from economic growth. We apply the global, dynamic MRIO model GINFORS to simulate potential...
"The purpose of deliverable D6.2 is to support with a quantitative economic assessment the evaluation of a set of policies scrutinized within the DYNAMIX project, aiming to promote decoupling of resources use from GDP and material efficiency within the EU. The analytical tools used for the investigation are three macro- economic models, ICES,MEMO and MEWA, all belonging to the category of Computable General Equilibrium modelling, but with complementary characteristics. More specifically: they all provide a sectoral representation ...
"Sustainable development is firmly anchored in the European Treaties and has been at the heart of European policy for a long time. The 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals (SDGs), adopted by the UN General Assembly in September 2015, gives a new impetus to global efforts for achieving sustainable development. The EU is fully committed to playing an active role to maximise progress towards the Sustainable Development Goals. This publication marks the beginning of Eurostat’s regular monitoring of progress towards the SDGs in an EU context. The...
Ellen MacArthur Foundation, the McKinsey Center for Business and Environment (sponsered by Stiftungsfonds für Umweltökonomie)
This report seeks to answer five questions:
1. Is Europe’s current resource model effective?
2. Will the technology revolution solve Europe’s resource issues?
3. What would a circular economy in Europe look like?
4. What economic outcomes could a circular model achieve in Europe?
5. If Europe decided to shift towards a circular model, how could policy-makers and business leaders accelerate the transition?
Three of Europe’s most resource-intensive basic needs are discussed; food, mobility and the built environment, all together comprising 60% of...
This report wants to provide countries and their policy makers who are interested in a transition to the circular economy with a toolkit. To test this toolkit, a case study was performed for Denmark. It focused on opportunities in several sectors; food and beverage, construction and real estate, machinery, plastic packaging and hospitals. Eight important conclusions were drawn:
• The transition to a circular economy can deliver the expected lasting benefits of a more innovative, resilient and productive economy.
• The circular economy provides many opportunities that are...
José Potting, Marko Hekkert, Ernst Worrell, Aldert Hanemaaijer
This Dutch study aims to explore how the transition to a circular economy can be measured in the production chain and focuses on asking relevant policy questions for plastic packaging (bottles and other plastic packaging) and electrical devices (washing machines and dryers, and fridges and freezers). However, it does not provide corresponding indicators.
Three types of CE-transitions are identified:
• CE-transitions that place the development of a specific, radical new technology central
• CE-transitions that place socio-economic change central
Almut Reichel, Mieke De Schoenmakere, Jeroen Gillabel
This report seeks to help policy makers to better understand the circular economy, by focusing on four of its dimensions; the main enabling factors and transition challenges, indicators for measuring progress and contextual issues. One of the main conclusions regarding the monitoring of progress is that for now the focus is on developments in resource efficiency and waste management, which covers a part, but not the whole, of the circular economy. More data is needed on eco-design, the sharing economy, and repair and reuse. Furthermore, social indicators, industrial symbiosis indicators...
"This report explores the circular economy from a product perspective, applying a systemic approach and transition theory. Drivers of product design and usage are discussed in the context of emerging consumption trends and business models. For governance to be effective, it has to address the product life-cycle and the societal context determining it. Indicators and assessment tools will be needed to fill the current data and knowledge gaps." (p. 6)