4. The MIPS indicator at product level
In addition to the national material balances we have introduced, material indicators have been developed to provide decision-making tools at the microeconomic level. For example, the team at the German research institute Wuppertal Institut has created the MIPS (Material Input per Unit of Service) indicator
[14][15]
. This is a decision-making tool similar to life-cycle analysis (LCA).
LCAs have been developed in the Environment volume
[17]
, and readers may wish to refer to it.
As with LCA, the aim is to calculate all the environmental effects for the entire life cycle of a product, "from cradle to grave".
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The MIPS indicator at product level