This paper reviews the existing literature on modelling the macroeconomic consequences of the transition to a circular economy. It provides insights into the current state of the art on modelling policies to improve resource efficiency and the transition to a circular economy by examining 24 modelling-based assessments of a circular economy transition. Four key conclusions emerge from this literature. First, most models find that a transition to a more circular economy – with an associated reduction in resource extraction and waste generation – could have an insignificant or even positive impact on aggregate macroeconomic outcomes. Second, all models highlight the potential re-allocation effects – both between sectors and regions – of the introduction of circular economy policies.
Toxic substances linked to a range of adverse health impacts can be present in carpets sold in the European Union, the European Public Health Alliance and the Health and Environment Alliance warned today following a new study by Anthesis. The study identifies over 59 hazardous substances found in carpets sold in the EU, including endocrine disruptors and carcinogens, linked to serious health conditions such as cancers, learning disabilities and fertility problems.
The central theme of this report is how to greatly enhance resource efficiency. The proposition is that a circular economy, where products are designed for ease of recycling, reuse, disassembly and remanufacturing should replace the traditional, linear ’take, make & dispose’ model that has dominated the economy so far. This, no doubt, is a major prerequisite to stay within the Planetary Boundaries.