LLM Student at Amity Law School, Amity University, Bengaluru, India
Assistant Professor at Amity Law School, Amity University, Bengaluru, India
Amidst the pressing global environmental challenges—such as climate change, biodiversity loss, and pollution—researchers are advocating for the concept of dematerialization. This strategy focuses on reducing consumption of materials and improving resource efficiency to minimize environmental impacts. The significant capital needed, extended lead-times, and the political implications associated with new resource exploitation underscore the importance of long-term evaluations of resource needs in strategic policy-making. Dematerialization is primarily driven by ongoing advancements in technology. However, this progress can be undermined by the rebound effect, where increased usage arises from higher value or reduced costs attributable to these technological improvements. A critical question to explore is the degree to which enhancements in technological performance can mitigate and are currently countering the persistent rise in economic consumption. The consensus surrounding the need for sustainability to drive economic growth alongside social progress and environmental stewardship is clear. Despite progress, there remains an ongoing conversation about the practical considerations related to forthcoming products, materials, and technologies. The real challenge is establishing sustainability as a foundation that drives innovation throughout various processes, technologies, business models, and management systems. The purpose of this paper is to examine the fundamental principles of dematerialization through a review of current literature and relevant case studies, while also considering its relationship with the Sustainable Development Goals (SDGs) and its importance across various sectors in today's society. Additionally, the paper will investigate how several innovations and policies reflect the principles of dematerialization and how this approach contributes to achieving the SDGs. Findings suggest that dematerialization is a vital pathway for the future of humanity. Many developed nations and some emerging economies are currently promoting this initiative. This article examines long-term trends regarding the intensity of energy and material usage, correlating them with the theory of dematerialization. The discussion revolves around key factors influencing these trends, such as shifts in the structure of final demand, advancements in material efficiency, and the adoption of alternative materials. Additionally, the article points out the limitations of the dematerialization theory as a tool for empirical forecasting and evaluates its applicability within the context of resource policy. However, it is crucial to acknowledge that the full benefits may not be immediately visible, and increased technological and political support will be essential globally to enhance its advancement and effectiveness.
Article
International Journal of Legal Science and Innovation, Volume 7, Issue 1, Page 67 - 78
DOI: https://doij.org/10.10000/IJLSI.112354This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
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