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Canada's Opportunity: Adopting Life Cycle Approaches for Sustainable Development

Canada's Opportunity: Adopting Life Cycle Approaches for Sustainable Development

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National Round Table on the Environment and the Economy - 2012 Report //

Canada’s Opportunity provides an overview of Life Cycle Approaches in use in Canada and elsewhere, the risks and opportunities related to their uptake, the conditions for their successful adoption in the private and public sectors, and identifies actions that the government can take to support their application.

It sets out the risks faced by Canadian companies that are unprepared for or unable to comply easily or quickly with existing or anticipated foreign government regulations that require product life cycle disclosure. It also identifies opportunities for companies that adopt a Life Cycle Approach to achieve better supply-chain performance, internal operation efficiencies, and increased institutional capacity to enhance innovation and support environmental stewardship.

Using resources efficiently — from extraction to disposal — is no longer a simple matter of local decisions; it is increasingly a matter of global importance. The NRT believes there is a clear economic imperative for adopting Life Cycle Approaches to address growing market-access issues for Canadian goods and commodities.

Life Cycle Approaches to sustainable development are here to stay. While their full application remains a “work in progress”, the trend is clear. Knowledge and expertise is growing in this field and Canada must get on top of it.

National Round Table on the Environment and the Economy - 2012 Report //

Canada’s Opportunity provides an overview of Life Cycle Approaches in use in Canada and elsewhere, the risks and opportunities related to their uptake, the conditions for their successful adoption in the private and public sectors, and identifies actions that the government can take to support their application.

It sets out the risks faced by Canadian companies that are unprepared for or unable to comply easily or quickly with existing or anticipated foreign government regulations that require product life cycle disclosure. It also identifies opportunities for companies that adopt a Life Cycle Approach to achieve better supply-chain performance, internal operation efficiencies, and increased institutional capacity to enhance innovation and support environmental stewardship.

Using resources efficiently — from extraction to disposal — is no longer a simple matter of local decisions; it is increasingly a matter of global importance. The NRT believes there is a clear economic imperative for adopting Life Cycle Approaches to address growing market-access issues for Canadian goods and commodities.

Life Cycle Approaches to sustainable development are here to stay. While their full application remains a “work in progress”, the trend is clear. Knowledge and expertise is growing in this field and Canada must get on top of it.

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10/13/2012

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 A REPORT BY
THE NATIONALROUND TABLE ONTHE ENVIRONMENTAND THE ECONOMY
MINIsTERIAL
REfEREncEcAnADA’S OPPORTUnITY: ADOPTInG LIfE cYcLE APPROAcHESfOR SUSTAInABLEDEvELOPmEnT
LIE CYCLE AppROACHEs
 
LIfE cYcLE APPROAcHES fOR SUSTAInABLEDEvELOPmEnT
A LIE CYCLE AppROACH Is A sYsTEMATIC wAY O LOOkINg AT THE LIE OA pRODUCT, TECHNOLOgY, OR pROCEss. BY IDENTIYINg AND UNDERsTANDINgTHE INpUTs AND IMpACT s THAT ExIsT THROUgHOUT LIE CYCLEs, wE ARE BETTERABLE TO MEAsURE AND REDUCE AssOCIATED COsTs TO OUR ECONOMYAND ENVIRONMENT

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