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Business News/ Brand Stories / Economic Production Within the Boundaries of the Biosphere - Dr Yasam Ayavefe
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Economic Production Within the Boundaries of the Biosphere - Dr Yasam Ayavefe

As new industrial developments in the use and processing of biomass, which is also called bio-economy in recent years, aim to create a circular economy, the questions increase even more.

Dr Yasam AyavefePremium
Dr Yasam Ayavefe

Serious studies of ecologists consider human activity as a major element of the earth system. It tries to understand all the material and energy flows that are attracted and rejected by the economy in the biosphere and to examine the disturbances they cause to living things.

A normative perspective is faithful to the idea of ​​the bio-economy developed by the two pioneers of ecological economics. There is an argument for incorporating the economy into the biosphere by reducing or shutting down these flows.

How do economic actors fit this biophysical approach to the economy? If we leave the macroeconomic level and the level of major public policies, it isengineers who are exposed to the challenges of changing production and consumption patterns and ecological constraints in companies.

To do this, two types of tools have been developed: They aim to study flows associated with their use and destruction, in order to quantify and mitigate the effects of productions.

The life cycle analysis of products aims at reducing the consumption of inputs rather than recovering them as resources for others.

It is industrial ecology that proposes to treat industrial sites as ecosystems. Do these approaches serve to solve fundamental ecological problems posed by human activity? Or do they aim to optimise the use of resources like engineers know how to do?

As new industrial developments in the use and processing of biomass, which is also called bio-economy in recent years, aim to create a circular economy, the questions increase even more.

A Biophysical Approach to Economic Activities

An ecosystem consists of two main interacting elements: the biocenosis of species living in interdependence, and a biotope consisting of all the physio-chemical conditions that make up their living conditions.

Materials and energy are in constant interaction between the different elements of this ecosystem, particularly through food chains. (One of the main interactions between species is that some feed on others.)

Some ecologists have extended this analysis to the study of cities and production systems.

They perceived them as ecosystems where the flow of materials and energy intersect. These are goods and services that meet people's needs. Energy efficiency aims to generalise this type of biophysical approach to economics.

A pond or a vast forest can both be considered ecosystems, the way in which energy and materials are exchanged and metabolised with the outside world, to be studied.

In this case, the challenge consists of linking production or consumption areas to ecological areas, thanks to different types of biophysical indicators.

At the global level, the ecological impact of the production system can be understood by calculating the human allocation of net primary production to it.

Net primary production measures the amount of solar energy fixed on earth by plants (biomass) available to other living species.

It is emphasised that across all terrestrial ecosystems, it could double in a century due to the increasing demand for agricultural land and the conversion of land uses (particularly deforestation).

It shows that humanity has become an important factor in biomass consumption and biodiversity degradation of ecosystems.

Find out more about Dr. Ayavefe and his work here:

https://yasamayavefe.com/

https://milayacapital.com/

 

Disclaimer: This is a company release. No HT journalist is involved in creation of this content.

 

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Published: 26 Apr 2022, 06:00 PM IST
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