From waste management to natural capital management in the circular economy

Graham Aid and David Lazarevic

Chapter 21 in Handbook of the Circular Economy, 2020, pp 278-292 from Edward Elgar Publishing

Abstract: The role of waste management (WM) has historically shifted in relation to factors such as the contemporary socio-technical context, societal challenges and priorities. The move toward a more circular economy (CE) is catalyzing a new trajectory that can have broad implications for WM; e.g. how the effectiveness of the sector is defined, how activities are prioritized and steered, and the portfolio of roles the sector will play. As such, alongside technical and business model innovation, established policy and principles for WM will need to be renewed if WM organizations are to be incentivized to more fully support the aims of the CE. This chapter explores some of the barriers identified by industry, including circulation costs and resource valuation issues. Subsequently, potential strategies for aligning the WM sector with the CE are suggested.

Keywords: Economics and Finance; Environment; Geography; Politics and Public Policy (search for similar items in EconPapers)
Date: 2020
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