Climate Action ran the Transitioning to a Circular Economy Webinar on 13th September 2017 and focussed on identifying the key barriers in this transition, including investment risks, the role of the government, the need for standards, the cultural mind shift and more.
The introduction to the webinar was as follows:
Circular economy advocates keeping products, components and materials at their highest utilities and value at all times, distinguishing between technical and biological cycles. Also that resources need to be kept in the system for as long as possible, extracting the maximum value from them while in use and then recovering and transforming products and materials to a new product at the end of their service life. This model is estimated to give a global benefit of $2 trillion.
The demand for a shift to the circular economy is increasing among businesses. The economic rationale for moving towards a circular economy is strong, as it increases the resilience of value chains and secures supply stability. Now a high-traction topic among policy-makers, business leaders and thinkers across the economy, circular economy thinking has begun to drive the development of circular business models in a variety of industries and in local governments.
Please view the webinar through following the link to the right of this page and registering with Climate Action (free) for access.