- Global use of materials is projected to balloon to 170-184 billion tonnes by mid-century
- Wealthy nations consume 10 times more resources per person than in the developing world
- The report also noted that recycling rates are high in poorer countries
The world is using up more than 100 billion tonnes of natural resources per year for the first time ever while global recycling of raw materials has fallen, according to a report released Tuesday.
The share of minerals, fossil fuels, metals and biomass feeding into the global economy that is reused declined in two years from an already paltry 9.1 percent to 8.6 today, the Circularity Gap Report 2020 found.
"No country is meeting the basic needs of its citizens while also operating within the physical boundaries of our planet," said Marc de Wit, a director at the non-profit Circle Economy and lead author of the report.
The resources fuelling the world economy increased more than eight percent in just two years from 93 billion tonnes in 2015 to 100.6 billion in 2017, the last year for which data is available.
Since 1970, the human population has doubled, the global economy has grown fourfold, and trade has expanded tenfold, a trajectory that -- in the absence of widespread recycling -- relentlessly pushes up the demand for energy and resources.