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Policy scenarios for a transition to a more resource efficient and circular economy

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Bibas, Ruben ; Chateau, Jean ; Lanzi, Elisa

Organisation for Economic Co-operation and Development, Paris

OECD Publishing - Paris

2021

81 p.

circular economy ; sustainable development ; renewable resources ; economic growth

OECD countries

OECD Environment Working Papers

169

Economic development

https://doi.org/10.1787/c1f3c8d0-en

English

Bibliogr.

"Global materials use is expected to grow in the coming decades in the absence of new policies, bearing substantial negative impacts for the environment. This report analyses the mechanisms through which resource efficiency and circular economy policies can achieve a decoupling between economic growth and material use. Using the OECD's ENV-Linkages model, the report examines the economic and environmental impacts of a global material fiscal reform, which implements taxes on primary metal and mineral resources, and uses the revenue of these taxes to finance subsidies to recycled goods and to secondary metal production."

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