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Scientific Article details

Title Moving towards a circular economy: economic impacts of higher material recycling targets
ID_Doc 2759
Authors Beccarello, M; Di Foggia, G
Title Moving towards a circular economy: economic impacts of higher material recycling targets
Year 2018
Published Materials Today-Proceedings, 5, 1
DOI 10.1016/j.matpr.2017.11.115
Abstract The circular economy requires well-functioning waste management systems. In this regards, packaging waste management ( PWM) plays a key role. The Italian PWM system bases on a consortium with operate in compliance with the extended producer responsibility. The key financial mechanism ruling the functioning of the system is the so-called environment contribution. This paper draws up potential socio-economic implications arising from higher recycling targets in the medium-term. Two scenarios are discussed: the baseline, which simulates the environmental contribution according to the current recycling rate along with the reference that reflects higher goals. Results suggest that higher recycling targets are associated with positive effects on job creation, production and value added by virtue of both direct and indirect effects. The application of the model has demonstrated significant positive socio-economic impacts achievable when defining new policies and regulations for the sector. Although limited to Italy, this paper serves as a reference for policy makers since environmental legislation and especially waste management policy deserve careful consideration in the light of the polluter pays principle and shared responsibility. (c) 2017 Elsevier Ltd. All rights reserved.
Author Keywords Material recycling; circular economy; waste management; sustainability; environment policy assessment
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Conference Proceedings Citation Index - Science (CPCI-S)
EID WOS:000428718200071
WoS Category Materials Science, Multidisciplinary
Research Area Materials Science
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