Modelling the environmental impacts of the life cycle of an emerging economic model: the product-service system
Because the product-service system is still new, there has yet to be any quantitative modelling of the expected life cycle environmental benefits of the concept applied to a territory. As such, there are no standards or guidelines on how a quantitative assessment should be conducted, and consideration of the development of a robust methodology to assess the life cycle environmental impact is needed. The project provides an opportunity to explore new ground to inform the development of the product-service system.
The initiative stems from a collaboration between LIRIDE and EFC Québec to develop a model to assess the environmental benefits (GHG, etc.) of the product-service system (one of the principles of a circular economy), as well as expand the literature and apply the developed methodology to at least one concrete case.