KWR Kees Roest by KWR Kees Roest
05 June 2019

An Inclusive Circular Economy: Priorities for Developing Countries

There is an urgent need to widen the global Circular Economy (CE) conversation to include developing countries and to invest political and financial capital in promoting the development of an inclusive, global CE. Actions are needed to 1) align the CE with existing policy priorities, 2) invest in the fundamentals (e.g. governance and mitigate potential environmental and health risks) and 3) support an inclusive global CE agenda that promotes partnership and collaboration....

An Inclusive Circular Economy: Priorities for Developing Countries

Radical transformation in the way we use natural resources is central to meeting the needs of future generations. Current trends in global resource extraction are incompatible with internationally agreed targets to limit the rise in global average temperature to below 1.5°C above pre-industrial levels. Diverting to a sustainable growth pathway will require both substantial improvements in the efficient use of primary resources and a significant degree of displacement of primary resources with secondary materials – those recovered from waste streams and repurposed or remanufactured for further use. The ‘circular economy’ (CE) concept is fast becoming a new model for resilient growth. A circular economy is one in which products and materials are recycled, repaired and reused rather than thrown away, and in which waste from one industrial process becomes a valued input into another. Creating and optimizing resource ‘loops’ along value chains could help meet the material needs of growing populations through drastically lower rates of per capita primary resource use. The CE is now a core component both of the EU’s 2050 Long-Term Strategy to achieve a climate-neutral Europe and of China’s five-year plans. Japan has tabled the CE as a priority for the 2019 G20 summit. Insufficient attention has been paid...

  • chathamhouse.org
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