The amount of raw materials needed to sustain the economies of developed countries is significantly greater than presently used indicators suggest, a new Australian study has revealed.
Using a new modelling tool and more comprehensive indicators, researchers were able to map the flow of raw materials across the world economy with unprecedented accuracy to determine the true "material footprint" of 186 countries over a two-decade period (from 1990 to 2008).
Environmental footprint of products and organisations
The European Commission has put forward proposals to standardise measurements for assessing the environmental footprint of products and organisations. The new common standard will be based on life-cycle assessment and will reward the most resource-efficient products and organisations on the European market. The plans are designed to reduce confusion over product labelling among consumers and to reduce the cost to businesses of providing environmental information.