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Beyond 34 Task 1.2: Economic Impact Assessment2PROCESS OVERVIEW The Economic Impact Assessment (EIA) estimates the maximum gross economic impact of circular economy activities in a geographic region.
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01
Gather all relevant data on input materials, processes, and outputs.
02
Identify the system boundaries and define the time frame for the analysis.
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Calculate the input and output flows for each material in the system.
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Document the results in a clear and concise report.

Who needs material flow analysis and?

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Manufacturing companies looking to optimize their production processes.
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Researchers studying the environmental impact of different industries.
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Government bodies regulating resource management and waste disposal.
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Material flow analysis is a methodology used to quantify and analyze the flow of materials through a system or processes.
Businesses and industries that have a significant impact on resource consumption and waste generation are required to file material flow analysis.
Material flow analysis can be filled out by collecting data on input and output flows of materials, calculating balances, and analyzing the results to identify opportunities for optimization.
The purpose of material flow analysis is to improve resource efficiency, reduce waste generation, and identify potential areas for improvement in production processes.
Information such as input materials, output products, waste generation, resource consumption, and efficiency metrics must be reported on material flow analysis.
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