Fiscal reform to drive the circular economy

Stephen Hinton form the Foundation was invited to address the Baltic Sea Action group on the opportunities to drive the circular economy using fiscal instruments.

The main thread of his presentation was his work done with the Foundation on the nutrients phosphorus and nitrogen from field to plate to field and the framework of the fiscal and economic realities affecting decisions at each step.

If you take a step back to see the whole chain, you realise that no-one wants to be counter-sustainable, but from each person’s viewpoint they must make economic decisions for the domain they are responsible for.

By going as far up the supply chain as possible, it is possible to add dividend-bearing surcharges to existing levies that stimulate a circular economy.

You can view and download the slides here

To view the whole presentation see the youtube clip below.

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