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DEVELOPING A ROADMAP FOR MONITORING THE PHYSICAL ECONOMY

DEVELOPING A ROADMAP FOR MONITORING THE PHYSICAL ECONOMY

Background

The MinFuture project is an EU funded H2020 coordination and support action, which responds towards the challenge of security of supply of raw materials faced by many countries worldwide. Robust knowledge on global material cycles should underpin decisions towards secure and sustainable supply of raw materials. However, such knowledge is currently highly fragmented, dispersed and varies significantly between different commodities, countries or life cycle stages, making the integration of data and information impossible. A common ‘language’, which would enable the assimilation of existing knowledge is missing.

The purpose of MinFuture is the development of a common approach to material flow analysis (MFA) and the establishment of international collaboration. MinFuture aims to provide transparency about existing MFA approaches and identify information gaps concerning global material flows. MinFuture brings together 16 international partners from universities, public organizations and companies, to provide new insights and develop a clear roadmap that delivers effective access to global material information.

 

Purpose of the workshop

The purpose of this workshop was to further develop the roadmap for monitoring the physical economy. During the spring of 2018, the MinFuture project has held several commodity specific workshops to test the developed framework and to identify commodity specific trends, opportunities and challenges that can inform the MinFuture roadmap.  Workshops has been held on aluminium, cobalt, neodymium, platinum, phosphorus and construction aggregates, and stakeholders from different parts of the supply chain has contributed to it.

In this third MinFuture workshop, we presented outcomes from the commodity specific events and took a further look at the opportunities and barriers to monitoring the physical economy from a decision-making and policy perspective. The results of the workshop will be used to further inform our work towards a better understanding and mapping of the physical economy and will be incorporated in the roadmap.

 

The workshop discussions and outcomes are summarised in the draft workshop synthesis brief, which is available for download here.

Please also find below the presentations given by the MinFuture project team available for download.

 

Date
June 7, 2018
Organiser
Norwegian University of Science and Technology
Place
University Foundation, Egmontstraat 11 rue d’Egmont - 1000 Brussels, Brussels.
Country
Belgium
Language
Englisch