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Third Industrial Revolution Consulting Group<br />

3.2.2 Blockchain also is currently being explored for measuring and verifying resource,<br />

pollution and waste flows, providing key metrics for advancing the circular economy.<br />

4 Public Policy<br />

4.1 Develop and promote the industrial scale recovery of critical raw materials from<br />

electronic scrap or production residues collected around the world. Terrestrial resources<br />

of critical materials and rare earth metals are limited and will be depleted or increase<br />

steeply in cost over the next few decades at current world economy growth rate. The EU<br />

CRM list includes 20 critical materials (antimony, beryllium, borates, chromium, cobalt,<br />

coking coal, fluorspar, gallium, germanium, indium, magnesite, magnesium, natural<br />

graphite, niobium, PGMs, phosphate rock, heavy REEs, light REEs, silicon metal and<br />

tungsten). Recovery from scrap and residues is also an integral component of the circular<br />

economy idea pursued by the TIR initiative, as well as integrating into the activities of the<br />

transportation and logistics hub. This expands competitive technology edge opportunities<br />

for Luxembourg’s industry, university, and public and private research opportunities, as well<br />

as attracting new business in thishighly technologized field, including first mover<br />

opportunities for some rare metals processes that are not yet developed or at pilot level. It<br />

will also create a large number of lower qualification profile jobs involved in transportation<br />

logistics and disassembling/segregation of electronic scrap.<br />

4.2 Set-up smart spatial planning and management of business sites (industrial and<br />

commercial zones). Digital GIS visualization tools are essential for making the best use of<br />

energy and materials and achieving zero waste and pollution targets through industrial<br />

symbiosis and enhanced logistics. Examples are legion, highlighted by the following<br />

opportunities:avoiding unnecessary transportation of people and goods; closing material<br />

loops by being energy efficient at every level (individual businesses, business site level, and<br />

at a national level); promotion of smart regional planning of business sites and integrated<br />

designs of business parks with long-term added value for the economy, the environment<br />

and society; mapping existing heat sources (‘waste heat’), quantifying untapped material<br />

flows (waste, off-gas and wastewater) and optimally matching these potential opportunities<br />

with needs of new businesses (closed loop energy and material flow management systems);<br />

creating energy services from on-site renewable energy sources; managing and distributing<br />

energy via smart grid solutions (including energy storage solutions); making sure business<br />

site management entities will be put in place (e.g. syndicates); making use of brown fields<br />

instead of high quality arable land or valuable ecosystems; ensuring good connection to<br />

public transport and logistics hubs; foreseeing buffer zones between planned business sites<br />

241

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