Chapter

From Waste Management to Natural Capital Management in the Circular Economy

Authors:
  • Ragn-Sells Group
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Abstract

The role of waste management (WM) has historically shifted in relation to factors such as the contemporary socio-technical context, societal challenges and priorities. The move toward a more circular economy (CE) is catalyzing a new trajectory that can have broad implications for WM; e.g. how the effectiveness of the sector is defined, how activities are prioritized and steered, and the portfolio of roles the sector will play. As such, alongside technical and business model innovation, established policy and principles for WM will need to be renewed if WM organizations are to be incentivized to more fully support the aims of the CE. This chapter explores some of the barriers identified by industry, including circulation costs and resource valuation issues. Subsequently, potential strategies for aligning the WM sector with the CE are suggested.

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... (Wittenveen & Bos, 2018) "valuable construction materials can be rematerialized into valuable construction materials" "To understand the potential value of circular materials, products, and systems," "recovering value and maximizing circular aspects, including material health" "instrument for implementation of the Urban Mining strategy" "enables circularity in the built environment" "to improve on data collection of quality material that is available in existing buildings or storages" and "having a material passport available at an early design stage can support the use of circular materials and a time-consuming search may bee avoided" (Wieser, 2021) "Keep or increase the value of materials, products, components over time" from "aims to provide the required elements to promote the construction of more circular and resilient cities, where materials are identified in a database, removed and reused numerous times" from "for reuse and recyling of materials" from "promoting the increase in the value of building materials and the sustainability of buildings" 36/ 39 G.1 Identification of reuse value in the product "Thus, it serves as valuable information source for e.g. determination of the material value of the building, scheduling the thermal renovation of buildings, planning of sustainable waste streams, and making materials available publicly" "material passports aim at measuring circularity for building components to facilitate minimal use and re-use of raw material throughout the lifecycle of the construction project" (Chahine, 2021) "reuse of materials in constructions" (Ikiz Kaya et al., 2019) "valuation issues"... "can help to alleviate the market disconnect post user" (Aid and Lazarevic, 2020) "to give the materials the value to recover them" (van Gameren, 2020) "to foster the recyclability of building materials." (Minunno et al., 2020) "Material modifications also entail synergies with -product ecosystem|| (INT 14) due to the transfer of information on material content to downstream actors with material passports." ...
Chapter
The Handbook of the Circular Economy covers the issue to which it is dedicated in a manner as comprehensive as possible within the scope of a handbook. This final chapter identifies and addresses some key issues related to circular economy: how it can be implemented sustainably taking into account its limitations, the role of analytical tools, barriers and how to overcome them, and concluding remarks. The circular economy is a viable alternative to the linear economy. By maximising the value of resources along the life cycles of the products that contain them, resources can be used more efficiently and effectively, and negative environmental, economic and social impacts associated with the life cycle of products can be minimised. Hence, the circular economy offers a clear solution that meets current policy goals. There is tremendous scope for increasing the share of the circular economy in the global economy.
Thesis
Full-text available
The take-make-waste approach to resource management in human production and consumption systems is contributing to a variety of environmental and social problems worldwide. Additionally, as the world’s population and affluence increase, so do the negative impacts of poor resource management. Lifting the waste management (WM) sector into a new phase of development, which takes its lead from the ideals of Industrial Ecology and circular economy, is seen by many scholars and practitioners as one potential to assist in alleviating these impacts. While there are many studies on how more efficient inter-organizational resource management is (or could be) constructed, there are relatively few business development studies which have explored novel approaches (from roles to tactics) that WM organizations might operationalize toward more efficient resource management. The aim of this thesis is to contribute to the development of knowledge and understanding of how the waste management sector can operationalize more effective and efficient resource management. In approaching this aim, two research questions guided the exploration of: 1) novel roles for WM and 2) support tactics for such roles. Grounded in the broader context of Industrial Ecology (IE) and Business Development, five studies were performed. Two studies, focused on the novel roles of inter-organizational resource management and high value secondary resource extraction, were performed through literature review and interviews, and market driver analysis respectively. In exploring support tactics, two design and proof of concept studies were carried out to investigate data analysis tools for inter-organizational resource management, and one long-term action research engagement project was coordinated to study hands-on inter-organizational collaboration tactics. The studies highlighted that the Swedish WM sector holds some key capacities for operationalizing (and in some cases, is already developing) the novel resource management roles identified: industrial symbiosis facilitator, eco-industrial park manager, holistic facility management, and high value resource extractor. However, depending on the portfolio of services to be performed in such roles, several capacities may need to be developed or strengthened. Main opportunities seen for these roles were – staying ahead of market developments, and aligning activities with organizational goals. The main general risk related to these roles was insufficient returns on investment. Looking forward, the main enablers identified were policy leadership for more balanced market mechanisms, increasing use of external knowledge, developing long term partnerships, lobbying, stockpiling resources, and carefully crafting new business models. The tools developed for strategically applying external information toward the identification of opportunities within new roles showed tactical potential. However, their implementation in broader development processes has yet to be fully validated. The hands-on exploration of change oriented collaboration, highlighted collective system framing and goal setting and face-to-face interaction as key activities for inter-organizational approaches within roles such as industrial symbiosis facilitator. Throughout the studies, several novel roles were investigated. Each of these roles will need to be individually evaluated by directing bodies of WM organizations, and evaluated from the organization’s vision and strategy. If certain roles are chosen to be explored in more detail, they will need to be developed within full business models - addressing issues such as income structure, internal processes and capacities to be developed, and key customers. Through applying IE and business development concepts and findings, WM organizations have possibilities to translate ambitious visions into novel offerings.
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Full-text available
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