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An international metal covenant : a step towards global sustainable resource management

  • This chapter addresses material leakage as a major problem of international open markets for used goods, in particular for used vehicles. It develops elements of an international metal covenant that should allow for a more sustainable management of global material flows in that area. The arguments in favour of such a proposal are as follows: Any regulation should actively seek for industry participation, taking advantage of business interest in supplying a sufficient amount of materials while lowering materials cost. It should also address public issues such as sustainability of recycling and waste. A first section analyses contracts as a tool to overcome knowledge problems that occur when many actors are involved. A second short sectionThis chapter addresses material leakage as a major problem of international open markets for used goods, in particular for used vehicles. It develops elements of an international metal covenant that should allow for a more sustainable management of global material flows in that area. The arguments in favour of such a proposal are as follows: Any regulation should actively seek for industry participation, taking advantage of business interest in supplying a sufficient amount of materials while lowering materials cost. It should also address public issues such as sustainability of recycling and waste. A first section analyses contracts as a tool to overcome knowledge problems that occur when many actors are involved. A second short section gives empirical evidence for material leakage in the case of used vehicles from Germany. A third section develops elements of an international metal covenant. A fourth section analyses potential impacts and discusses legal and institutional issues. Finally, some conclusions are drawn.show moreshow less

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Metadaten
Document Type:Part of a Book
Author:Claas Henning WiltsORCiDGND, Raimund Bleischwitz
Editor:Michael Angrick
Publisher:Springer
Place of Publication:Dordrecht
Year of Publication:2013
Language:English
Source Title (English):Factor X : re-source ; designing the recycling society
DOI:https://doi.org/10.1007/978-94-007-5712-7_7
First Page:87
Last Page:97
Dewey Decimal Classification:300 Sozialwissenschaften