Please use this identifier to cite or link to this item:
http://bura.brunel.ac.uk/handle/2438/23020
Title: | Economic assessment of nature-based solutions as enablers of circularity in water systems |
Authors: | Ghafourian, M Stanchev, P Mousavi, A Katsou, E |
Keywords: | Circular economy;Nature-based solutions;Economic impact assessment;Economic impact assessment |
Issue Date: | 4-Jun-2021 |
Publisher: | Elsevier |
Citation: | Ghafourian M, Stanchev P, Mousavi A, Katsou E. Economic Assessment of Nature-Based Solutions as enablers of circularity in water systems. Science of The Total Environment, 792, 148267, pp. 1 - 13. doi: 10.1016/j.scitotenv.2021.148267. |
Abstract: | The transition from the current linear model of abstraction, use and discharge of water into recycle-reuse under the circular economy (CE) principles is momentous. An analysis of recent literature about the economic impact of linear to circular (L2C) transition is made. The review investigates the economic implications (i.e. cost-benefit) of deployment of enabling technologies, tools and methodologies within the circular water systems. The study is enhanced by presenting the results of our investigation into the policy impact (push-barriers) of L2C transition. As the vehicle for the L2C transition, nature-based solutions (NBS) and its economic and policy implications is discussed. A framework is proposed for the monetary assessment of the costs of investment in NBS technologies, infrastructure and education against the environmental and socio-economic benefits within the policy frameworks. This framework may build the early foundation for bridging the gap that exists for a systematic and objective economic impact (cost-benefit) analysis of L2C transition in the Water sector. This framework will lead to a generic multi-parametric cost model of NBS for Circularity Water Systems. |
URI: | https://bura.brunel.ac.uk/handle/2438/23020 |
DOI: | https://doi.org/10.1016/j.scitotenv.2021.148267 |
ISSN: | 0048-9697 |
Other Identifiers: | 148267 |
Appears in Collections: | Dept of Computer Science Research Papers Dept of Civil and Environmental Engineering Research Papers |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
FullText.pdf | Copyright © 2021 The Author(s). Published by Elsevier B.V. This is an open access article under the CC BY license (https://creativecommons.org/licenses/by/4.0/). | 974.43 kB | Adobe PDF | View/Open |
This item is licensed under a Creative Commons License