The Socioeconomic Impact of Circularity in Developing Countries
Nilgün Tas, Nicola Cantore, Manuel Albaladejo, Juergen Amann & Massimiliano Mazzanti
The circular economy is critical to ensuring green and just socioeconomic outcomes through decoupling economic growth from increased resource use. The transition to a green and circular economy is driven by multiple environmental, demographic, technological, fiscal, and financial transitions occurring in different sectors and geographies — with the circular economy playing a pivotal role because of its potential “triple positive impact” on economic growth as well as environmental and societal outcomes. This post introduces NICE, a novel tool built on granular firm-level data and input-output modelling, to assess the economic, social, and environmental impact of the circular economy.
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