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dc.contributor.authorClift, R.
dc.contributor.authorMartin, G.
dc.contributor.authorMair, Simon
dc.date.accessioned2021-11-08T14:02:08Z
dc.date.accessioned2021-11-25T14:04:15Z
dc.date.available2021-11-08T14:02:08Z
dc.date.available2021-11-25T14:04:15Z
dc.date.issued2022-04-14
dc.identifier.citationClift R, Martin G and Mair S (2022) Sustainability and the Circular Economy. In: Teodosiu C, Fiore S and Hospido, A (Eds) Assessing progress towards sustainability: frameworks, tools and case studies. Elsevier.en_US
dc.identifier.urihttp://hdl.handle.net/10454/18650
dc.descriptionNoen_US
dc.description.abstractSustainability is a triad including techno-economic efficiency, compatibility with the “Planetary Boundaries”, and equity - enabling a decent quality of life for all. Circular Economy models often focus only on closing material flows in order to increase economic activity or market share. This overlooks the equity dimension. Here we focus on the Performance Economy, which extends the Circular Economy in ways that can enhance equity. The Performance Economy model concentrates on making best use of stocks in the economy, including labour which is a renewable resource. Extending product life through re-use, remanufacturing and reprocessing and shifting from non-renewable inputs (including energy) to renewable inputs (including labour) can improve resource efficiency and increase the supply of rewarding employment. The Performance Economy requires changes in business practices more than technological innovation, including a different view of the functions of value chains, and can be promoted by different approaches to taxation.en_US
dc.language.isoenen_US
dc.publisherElsevier
dc.relation.isreferencedbyhttps://www.elsevier.com/books/assessing-progress-toward-sustainability/teodosiu/978-0-323-85851-9en_US
dc.subjectSustainability and sustainable developmenten_US
dc.subjectCircular and performance economiesen_US
dc.subjectRe-useen_US
dc.subjectRemanufacturing and recyclingen_US
dc.subjectResource efficiencyen_US
dc.subjectExtended producer responsibilityen_US
dc.subjectSocial equityen_US
dc.subjectLabour and employmenten_US
dc.subjectProduct lifeen_US
dc.subjectStocks and flowsen_US
dc.subjectGlobal tradeen_US
dc.titleSustainability and the Circular Economyen_US
dc.status.refereedNoen_US
dc.typeBook chapteren_US
dc.type.versionNo full-text in the repositoryen_US
dc.date.updated2021-11-08T14:02:10Z
refterms.dateFOA2021-11-25T14:05:41Z
dc.openaccess.statusNot Open Accessen_US


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