期刊
ECOLOGICAL ECONOMICS
卷 157, 期 -, 页码 369-372出版社
ELSEVIER SCIENCE BV
DOI: 10.1016/j.ecolecon.2018.12.003
关键词
Recycling; Circular economy; Linear economy; Circular economic growth; Circular economy metric
资金
- Belgian Science Policy (BELSPO)
- UCLouvain CORE
The circular economy literature lacks unambiguous definitions. We argue that a convenient solution to this problem consists of defining the circular economy as a function of a metric, departing from a well-defined material flow and value system. In particular, we propose a metric that is derived from maximizing the value to society of materials used in the production of commodities that provide services to consumers. Our metric can accommodate for recycling but also for alternative strategies like lifetime extension and new business models that intensify the productivity of commodities. Following our methodology, we provide unambiguous definitions for linear economy, circular economy, and circular economic growth.
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