Artikel

Climate neutrality requires coordinated measures for high quality recycling

For Europe to reach climate neutrality by mid-century, it needs to move toward a circular economy. Waste avoidance, reuse, and recycling save primary resources and avoid emissions in the production of basic materials like steel, cement, and plastics. Without exploring circular economy potentials, switching production to climate-neutral processes alone would result in significant costs and tremendous demand for clean energy. However, enabling the circular transition requires coordinated policy measures. Carbon costs must be fully reflected in basic material prices, while product standards and stakeholder incentives should be aligned with the recyclability of products. In addition, consumer awareness should be raised through reliable information on product environmental impacts, while investment in sorting and recycling infrastructure should be stimulated. Clear targets and definition of responsibilities are necessary for the effective implementation of these measures.

Language
Englisch

Bibliographic citation
Journal: DIW Weekly Report ; ISSN: 2568-7697 ; Volume: 11 ; Year: 2021 ; Issue: 26 ; Pages: 187-195 ; Berlin: Deutsches Institut für Wirtschaftsforschung (DIW)

Classification
Wirtschaft
Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
Climate; Natural Disasters and Their Management; Global Warming
Environmental Economics: Government Policy
Chemicals; Rubber; Drugs; Biotechnology; Plastics
Economics of Regulation
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Subject
industrial decarbonization
plastic recycling
circular economy
value chain
policy package

Event
Geistige Schöpfung
(who)
Xi, Sun
Lettow, Frederik
Neuhoff, Karsten
Event
Veröffentlichung
(who)
Deutsches Institut für Wirtschaftsforschung (DIW)
(where)
Berlin
(when)
2021

DOI
doi:10.18723/diw_dwr:2021-26-1
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Xi, Sun
  • Lettow, Frederik
  • Neuhoff, Karsten
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Time of origin

  • 2021

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