In cooperation with Gesellschaft für Wirtschaftliche Strukturforschung mbH, Cambridge Econometrics and the Sustainable Europe Research Institute this project incorporates detailed analyses regarding current trends and risks for the future use of resources in Europe. At first the past and current resource use in Europe will be assessed using a material flow accounting (MFA) methodology. After that, an overview on market failures will be given, before conducting analyses on current trends and risks regarding future resource use. Furthermore, a resource abatement cost curve will be estimated in order to develop an understanding for the reduction potential of resource use in Europe. With the help of E3ME and GINFORS modelling, scenarios will be built which explain possible implications of the reduction of resource use on welfare, competitiveness, stability, employment and environment among others. Finally, the results will be formulated as policy recommendations and disseminated at a conference in Brussels.
Core questions of the MacMod are as follows:
The Wuppertal Institute provides sectoral TMR data, analysis on various market failures regarding resource use, and policy options.