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TemaNord 2024:505
Can economic instruments promote a circular economy?
A case study of the Nordic region
Can economic instruments promote a circular economy?
About this publication
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Preface
Executive Summary
Sammanfattning
Background and objectives
1 Introduction to economic policy instruments for a circular economy
1.1 Introduction to economic instruments for a circular economy
1.2 Current development in the EU
1.3 Current development in Finland
1.4 Current development in Sweden
1.5 Current development in Norway
2 Economic instruments to promote circular economy in the textile sector
2.1 The role of the sector in the circular transition
2.2 The textile sector in the Nordics
2.3 Options for economic instruments in the textile sector
3 Economic instruments to promote circular economy in the construction sector
3.1 The role of the sector in the circular transition
3.2 The construction sector in the Nordics
3.3 Options for economic instruments in the construction sector
4 Environmental taxes to reduce environmental impacts
4.1 Scope and data collection – The textile sector
4.1.1 The environmental and social costs of textile production and consumption
4.2 Scope and data collection – The construction sector
4.2.1 Cement production and carbon dioxide emissions
4.3 Price elasticities of demand: Assessing the impact of a natural resource tax in the textile and construction sector
4.3.1 Calculating a natural resource tax
4.3.2 Price elasticities in the textile sector
4.3.3 Price elasticities in the construction sector
4.3.4 Limitations and disclaimers
4.4 Impacts of an import tax in the textile sector
4.4.1 Finland
4.4.2 Sweden
4.4.3 Norway
4.4.4 Change in quantity demanded by 10 percent
4.4.5 Environmental impact of polyester in women’s clothes
4.4.6 The benefits of integrating circular economy models and life cycle analysis for policy analysis
4.5 Impacts of a natural resource tax in the construction sector
4.5.1 Finland
4.5.2 Sweden
4.5.3 Norway
4.5.4 Change in quantity demanded by 10 percent
4.6 Key findings
5 Conclusions and recommendations
References
Appendix A – Results for the textile sector, import tax levels
Appendix B – Results for the construction sector, natural resource tax levels