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GTAP Resources: Resource Display

GTAP Resource #6612

"Policy scenarios for promoting the circularity of plastics"
by Mavroeidi, Eleonora, Elisa Lanzi, Rob Dellink and Ruben Bibas


Abstract
Plastics are one of the most commonplace materials on the planet. Mounting evidence shows that plastics production, use and waste generation will continue to rise to unprecedented levels in the coming decades, which in turn will increase the leakage into the environment, both terrestrial and marine. The objective of the paper is to improve knowledge and projections of the economic drivers of the production and use of plastic to support better policymaking that aims at sustaining economic growth while improving environmental quality.
This paper presents the environmental and macroeconomic impacts of a comprehensive policy package designed to increase the circularity of plastics used and reduce plastic pollution, resulting from a scenario analysis based on the OECD ENV-Linkages model. The policy scenario builds on existing commitments and comprises a mix of taxes, recycled content target, Extended Producer Responsibility, ecodesign for durability and repair, and investments for improved recycling and waste collection.
The results suggest that the circular plastics scenario reduces plastic volumes throughout the plastic lifecycle, including plastics use (-18% by 2060), waste generation (-18% by 2060) and mismanaged waste (-55% by 2060). Certain OECD economies will achieve lower leakages compared to their 2019 levels. The paper also compares the outcomes with the goals of international commitments including the Osaka Blue Ocean vision and the European Green Deal. Despite the large gains due to the circular plastics scenario, the net inflows of plastics to ocean will increase in the coming years and thus more ambitious action is needed to minimise the environmental impacts of plastics use and eliminate macro-plastic leakage to the aquatic environments.



Resource Details (Export Citation) GTAP Keywords
Category: 2022 Conference Paper
Status: Not published
By/In: Presented during the 25th Annual Conference on Global Economic Analysis (Virtual Conference)
Date: 2022
Version:
Created: Mavroeidi, E. (4/15/2022)
Updated: Mavroeidi, E. (6/9/2022)
Visits: 538
- Model extension/development
- Environmental policies
- Economic development
- Economic growth
- Technological change


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