Through the MinFuture project a framework for MFA methodology was developed.
Material cycles has grown increasingly complex throughout the years, fuelled by globalization, changing demographics, technology, environmental concerns and our political environment. Our supply chains have increased in complexity together with the increased material complexity of our products.
The intention of this conference "Monitoring the physical economy requires putting raw material data in a system context" was to present, reflect on and refine key recommendations from the MinFuture project on a monitoring system for the physical economy.
Presentations held are available for download below.
This report aims to address existing challenges by developing a methodological framework for the monitoring of the physical economy that facilitates the users in reflecting more systematically about the problems mentioned above and in developing more effective strategies for addressing them. The framework proposed is based on Material Flow Analysis (MFA), a tool widely used for tracking materials and energy in the economy.
Six material-specific workshop were organised under the umbrella of MinFuture project, aiming to identify gaps that hamper a robust mapping of raw material cycles. In each material-specific workshop, stakeholders from academia, industry, and government were brought together to discuss and comment on the current status of each material cycle.
The MinFuture project seeks to provide methods and guidelines for structuring MFA data, enabling a more comprehensive understanding of mineral and material systems. Visualisation is one of the key components described in the MinFuture Pyramid, while the MinFuture Core Dimensions describe four dimensions which are key to MFA studies: stages, trade, linkages, time. We add uncertainty and stocks to this list to create six core dimensions for which visualisation might be required.