Resource Efficiency, Governance and Lifestyles – WRF 2013 Davos Meeting Report

Countries should annually report on how their economies are developing with respect to resource efficiency. Engagement of not only UN institutions but also the civil society is necessary for achieving transparency and accountable monitoring. Reforms in the financial sector – which is seen as disconnected from the real economy – and fiscal and behavioural policies targeted at company and household level were recommended. Taxes should shift away from renewable resources and labour to fossil fuels. A tenfold increase of resource productivity was regarded as feasible by fiscal reforms and other financial incentives