“…Monitoring dynamic changes of physical stocks and flows of materials and energy in the socioeconomic metabolism or physical economy reveals how we as producers and consumers of goods and services depend on, and shape, the anthropogenic and natural environment. The birth of industrial dynamics in the late 1950s, industrial metabolism , in the 1980s, and industrial ecology , in the 1990s, have laid the groundwork for using integrated system approaches as tools for natural resource management, circular economy efforts, and sustainable development. − Since the first formal “materials balance approach” of the U.S. economy was published in 1969, MFA has become a well-established method for modeling anthropogenic and natural physical systems at multiple scales, from single-unit processes at the facility level, to complex global material and energy systems. , MFA builds on the basic principle of conservation of mass, derived from the First Law of Thermodynamics. , Throughout history, conservation of mass (MB-consistency) has been recognized as fundamental in chemistry, , forestry, − glaciology, − hydrology, − climatology, , as well as in geology, − petroleum reservoir modeling, , mineral processing, , and urban metabolism studies. , MFA formalizes MB-consistency for physical accounting (materials accounting) by requiring that (i) the system boundary be explicitly defined in space and time, (ii) stocks and flows be expressed in consistent physical (nonmonetary) units, and (iii) mass and energy be in balance across transformation, distribution, and storage processes in the system. , Materials occupy space and can only be accounted for if the system boundary and the processes are clearly defined in space (3D) and time, e.g., to quantify natural groundwater flows in the Earth’s subsurface, or to model the material stock in houses in the built environment. 2D geospatial data are insufficient, as they can only indicate where materials are on a map but cannot capture their physical characteristics (e.g., 3D shape and extent, mineral distribution, overburden thickness) or their material balance volumes.…”