Reducing material consumption is one of the goals of the circular economy, as the current level exceeds the planet's regenerative capacity. The OECD projects the consumption of 61 different materials by 2060 at global, sectoral and regional level in a detailed forecast on the future use of materials and the associated environmental impact.
Technological advances will reduce the growth of material intensity and recycling will become more competitive. Nevertheless, more than half of greenhouse gas emissions will be linked to the materials economy, and these emissions will rise to around 50 Gt CO2 equivalents by 2060. Primary materials are significantly more harmful to the environment than recycled materials.
Targeted policy measures are needed to support the transition to a resource-efficient and circular economy. The promotion of recycling and the use of secondary materials should take centre stage. International co-operation is crucial to make global value chains more efficient and overcome trade barriers.
The report highlights the need to take policy action to manage the growing demand for materials and minimise the environmental impact. Below you will find the report for deeper insights into the projected trends and required policy approaches for a sustainable future.
You can download the report here:
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