Factor X Concept
The Factor X concept was coined by Prof. Friedrich Schmidt-Bleek. The factor targets refer to dematerializing of our economies. The Factor Ten Club founded in 1994 and the Factor 10 Institute founded in 1997 support the dematerialization target. It has been proposed that material flows in the industrialized countries should be decreased by factor 10 to reach more sustainable level of material use. Aim of factor targets is to increase resource productivity and increase the wealth created from the resources. The factor concept can be applied on microeconomic and macroeconomic levels. For instance the Wuppertal Institute presents micro-level best practices related to Factor Four guideline.
Read more about this topic: Material Input Per Service Unit
Famous quotes containing the words factor and/or concept:
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—Isaac Asimov (1920–1992)
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—John Ashbery (b. 1927)