myEcoCost  Objectives

myEcoCost will develop a methodology that defines a global collaborative network of resource accounting nodes. It will provide a means of accounting for and expressing usage of natural resources for products, services and technologies, to inform all economic actors on environmentally relevant information with dynamically calculated, near real time figures.

Using an Internet-based SOA, relevant and timely data is passed from supplier to customer recursively through the whole value chain to produce ecological costs (ecoCosts) for each product or service.