3s3: Macro-economic approach to monitor bio-based material flows in a circular economy

Abstract

In recent years, both the circular economy and the biobased economy have gained traction in policy as means of transition to a more sustainable economy. These developments require new monitoring systems. Therefore, the Bio Flow Monitor (BFM) was developed. The BFM is an extension of the Material Flow Monitor (MFM). The MFM was developed to support the monitoring of Dutch circular  economy policy targets. The MFM integrates regular statistics on national accounts, trade, harvest, energy, waste and CO2 emissions into a consistent macro-economic framework of supply and use tables. To do this in a consistent manner, the principles of the System of Economic and Environmental Accounts were applied.