Trinomics, as lead contractor, in collaboration with Optimat and Dr. Winifred Ijomah has been awarded a contract by the Environment and Forestry Directorate of the Scottish government to provide an assessment of fiscal instruments to stimulate a more circulate economy in Scotland.
Within the context of Scotland’s Government Economic Strategy, Scotland is looking into policy levers that could stimulate a more circular economy. Currently, the focus has been on waste and environmental policies which promote the waste hierarchy through for example landfill taxes and recycling. Within the framework of a circular economy, optimal use of materials is the key principle. It is important to assess to what extent the current policies and fiscal instruments create incentives for a circular economy and this optimal use of materials.
Therefore, the main aim of the study is to examine the role of fiscal instruments in maximising the duration for which materials remain or flow through the Scottish economy in their highest value form, i.e. support a shift toward a circular economy.
If you have any questions or comments, don’t hesitate to contact Jeroen van der Laan.