Decoupling 2: Technologies, Opportunities, and Policy Options
Publication Date: 2014
Rapidly rising prices—metal up by 176 per cent, rubber by 350 per cent, and energy by 260 per cent since 2000—signal a potentially crippling trend of increasing costs as current consumption patterns rapidly deplete the world’s non-renewable resources.
Decoupling 2: Technologies, Opportunities and Policy Options, produced by the United Nations Environment Programme-hosted International Resource Panel (IRP), says the numbers demonstrate that the negative effects of unsustainable use of natural resources are already being felt, further backing the argument with a rise in volatility of food prices: 22.4 per cent from 2000 to 2012 compared to 7.7 per cent from 1990 to 1999.
This report says that harnessing existing technologies and appropriate policies to increase resource productivity could save up to US$3.7 trillion globally each year and insulate future economic growth from the harmful effects of resource scarcity, price volatility and environmental impacts
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