4.7 Article

Making the business case for resource recovery

期刊

SCIENCE OF THE TOTAL ENVIRONMENT
卷 648, 期 -, 页码 1031-1041

出版社

ELSEVIER
DOI: 10.1016/j.scitotenv.2018.08.224

关键词

Circular economy; Waste management; Natural resource extraction; Sustainability; Growth; Multi-dimensional value

资金

  1. Natural Environment Research Council
  2. Economic and Social Research Council
  3. DEFRA via the Complex Value Optimisation for Resource Recovery [NE/L014149/1]
  4. NERC [NE/L014149/1] Funding Source: UKRI

向作者/读者索取更多资源

People altered the biophysical environment upon which they depend through the overexploitation of resources and growing waste generation. Action is urgently needed to return the resource economy within planetary boundaries and safeguard human well-being, by realising an increasingly closed-loop system that maintains values of materials and products within a sustainable circular economy. Innovative technologies and business models must be developed and implemented, requiring convincing business cases for industry and government; why should they be interested in adopting circular, resource recovery practices? Despite multidimensional challenges facing people and their environment, and the ability of resource recovery to contribute to restoring environment, society and economy, arguments for circular practices are often overly focused on economic aspects. Economic growth is not a panacea and this article supports the preparation of better arguments by presenting expert insights on 37 themes to consider for a resource recovery business case. The most important themes cover 1) Economic, social, environmental and technical value of resources and 2) Regulatory change; focusing business cases on these is likely to deliver positive impacts regarding all identified themes. The article synthesises the old growth will solve it- with a new multi-dimensional challenges and solutions paradigm, suggesting that resource recovery should support multi-dimensional growth to partly redistribute economic benefits to social and environmental values through the preservation of technical, functional value of materials and products. Writing successful business cases for resource recovery requires inter-disciplinary collaboration, and sustained effort to complete and translate business cases into measurable impacts through changed practices outside academia. (C) 2018 The Authors. Published by Elsevier B.V.

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