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Content archived on 2024-06-18

Policy Options for a Resource-Efficient Economy

Objective

The project will construct a theoretical framework for the analysis of resource efficiency, with detailed comparison of the trends and policies at EU and Member State (MS) level, cross-country econometric analysis to derive resource-reduction cost curves, and an analysis of business barriers to resource efficiency; thereby developing an enhanced understanding of the drivers of inefficient resource use.

This will lead to an exploration of new concepts and paradigms that can bring about a radical increase in resource efficiency, and a vision for a resource-efficient economy in the EU, with suggestions also for new more resource-efficient business models for firms, and ideas for a global governance regime that can promote resource-efficient economies among the EU's trading partners and more widely will be explored. From its new vision for a resource-efficient Europe, the project will propose new policy mixes, business models and mechanisms of global governance through which resource-efficient economies may be promoted.

This will lead in turn to intensive work on creating, modelling and visualising scenarios for the emergence of resource-efficient economies, through linking quantitative economic and ecological models, and simulating the policies and policy mixes derived in the earlier work, supplemented with appropriate LCA analysis for selected products and sectors, to ensure that the policies and business models in the scenarios lead to adequate absolute decoupling of economic activity from resource use and environmental degradation. The scenarios and associated policy analysis will be given an integrated interpretation across economic, ecological and social dimensions.

The project will be explicitly geared to support policy efforts and initiatives on resource efficiency in the European Commission, and will involve a wide range of stakeholders from business, the policy world, and NGOs. The results will be widely disseminated in a variety of innovative ways.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

FP7-ENV-2012-one-stage
See other projects for this call

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

CP - Collaborative project (generic)

Coordinator

UNIVERSITY COLLEGE LONDON
EU contribution
€ 770 207,40
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

No data

Participants (7)

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