Circular Economy

A circular economy is needed to decouple economic growth from resource consumption and make economic development more sustainable. At present a large part of resource use is inherently linear, whereas the aim of a circular economy is to minimise the use of primary raw materials and the creation of residue streams. Despite the forecasted potential, implementing the circular economy is very challenging and will require disruptive innovation.

In the wake of the landmark agreement reached in Paris during COP21 and recent discussions in Marrakesh during COP22, one particular SDG is dominating global discussions – Goal 13: Climate Action. In Paris, 195 countries united behind a commitment to reduce emissions and take the necessary steps to achieve the targets outlined in Goal 13.