Circular economy means rethinking growth to redesign the future and working towards it today. In a circular economy, waste becomes an asset, resources are used efficiently throughout the entire product life cycle, and industrial systems are designed to support the regeneration of natural systems. Ultimately, circular economies are more efficient, more resilient and more competitive.
The circular model represents a trillion dollar opportunity in terms of possible material savings, innovation and job creation, improved land productivity and soil health, and green growth. How do we get there? What are the basic principles of circular economy? What are key steps, technologies and skills for a circular future? What are circular business models? What kinds of policies stimulate and reward the adoption of circular business models and lifestyles? How can we address the ‘lock-ins’ that impede the transition away from our current ‘take-make-dispose’ economy?
On 10 October 2018, the GGKP held a webinar to explore various initiatives that are working to ‘close the loop’ and transition our linear ‘take-make-dispose’ economy towards a resource efficient circular model. These include policy-driven circular practices in the housing and construction sector in India, approaches to boosting productivity, innovation and efficiency for circular manufacturing, and key strategies and opportunities for improvement in resource efficiency in G20 countries.
This webinar was held in advance of the 2019 PAGE Ministerial Conference, Advancing Inclusive and Sustainable Economies, where Circular Economy features as a main conference theme alongside Green Finance, Strategies and Policies for a Green Economy, and Economic and Social Inclusion.
- Zeenat Niazi, Vice-President, Development Alternatives
- Rene van Berkel, Representative, Regional Office India, United Nations Industrial Development Organization (UNIDO)
- Peder Jensen, Head of the Secretariat, International Resource Panel (IRP)