Global material flows and resource productivity: The 2024 update

Accurate assessments of global primary material extraction, trade of primary materials and products, material use, waste, and emissions support the development of policies that facilitate the decoupling of economic activity, natural resource use, and related environmental impacts. Here, we quantify all crucial aspects of global and country‐by‐country material requirements needed to fuel economic activities, covering both territorial‐ and demand‐based indicators. These data have been assembled by a consortium of research partners that compile the global material flow and resource productivity online database for the International Resource Panel, which contributes to the global dataset for the System of Environmental–Economic Accounting (SEEA) framework and is employed to monitor progress for the Sustainable Development Goal (SDG) indicators 8.4 and 12.2. We present the main findings of the 2024 update, including methodological improvements and result differences, and discuss the main findings and limitations. Since the last update, we have identified a slowing of global materials extraction since about 2014, a continuation of solid growth in direct trade of materials and products, persistent inequality in resource use between high‐ and low‐income countries, and a prolonged improvement in global material productivity. The full dataset used herein can be downloaded from the Global Material Flow Database hosted by the United Nations Environment Program International Resource Panel.