The interim paper “ A Cashless Society: Benefits, Risks and Issues” assessed a number of key economic aspects with a view to balance the arguments, and documented a log of 20 risks and issues.
Now in its second phase of research, the Working Party is exploring further implications of a cashless society. This paper focuses on the environmental perspectives of a cashless society, and proposes to add a new issue to the register.
This paper explores four key areas:
- What is the environmental cost of cash?
- What is the environmental cost of cash alternatives? Will QR codes disrupt the ecosystem?
- What are the synergies between a cashless society and a circular economy?
- Drivers and policies towards a circular economy