Scribd Logo
Upload

Welcome to Scribd!

  • Circular Economy

    Uploaded by

    nitinsoni807359
    13 views12 pages

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    13 views12 pages

    Circular Economy

    Uploaded by

    nitinsoni807359

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 12
    Visualized: The Circular Economy 101 | orev Publis January 13, 2022 Updeted January 13,2022 The following content is sponsored by MSCI MSCI & Rethinking material use The circular economy 101 How can we minimize waste and shift current consumption trends? Raw Materials Water Global waste is Global extraction is 80% of global wastewater projected to rise projected to double is untreated or reused 70% by 2050. by 2060. before returning back to ‘the ecosystem, ‘Annual municipal solid waste {In order to change consumption patterns and reduce waste, our bahaviors, business models, Totes and polices will need o change. 2050P But the question is how? ‘To answer this problem, the concept of a circular economy is gaining traction. 2016 What is a circular economy? ‘A circular economy is centered on the idea of resources being kept {as long as possible within the economic system, where materials that hhave undergone an enti lifecycle, from production to end stage, are returned to the economic system as an input. Let's consider this framework: Characteristics of a Circular Economy Minimizing waste rough ‘superior design of materi, products, systems and = Reducing materi use and consumption Maximizing how materi ireulate troughout thelrifeyele Rethinking energy and resource intensive ‘roduc and processes. Balancing flows, contotng fit stocks, and preserving and ‘regenerating natural ystems Above all else, a circular economy is based on sustainable life cycles. Circular economy growth In 2019, BlackRock launched an inaugural Circular Economy fund. Since then, it has. attracted significant investment. $2.1B Circular Economy ETF assets under management $20M a 2019 2021 Source: Buckck ‘A number of the world's largest asset managers have followed suit. Policy-dri nda / licy-driven. 8 are also focused onthe ccular , QW economy shift. Paris Climate Agreement UN Sustainable ‘European Green Deal Circular Development Gos economy Acton Pan = 3 a 2019 can Chins Ys iol Crear economy burt Dedaraon Economy Pan sates aeons ath meen courte, Circular economy principles aligned with sustainability offer the following advantages: Reducing GHG emissions/ Preserving long-term Improving ocean Economic grow! improved air quality biodiversity health & water quality ‘& job creation ae ) (eo) g Vw aS A VT 9.38 tonnes of C0,¢ ~50'% decrease in {80% reduction in plastics $4.5T global could be prevented by harmful effects on entering the ocean globally eccnemio 2050 if circular economy farm-level biodiversity. by using reciamation, opportunity by 2¢ Strategies are applied recycling, and reduction ‘through spurring ‘across steel, aluminum, strategies, among others, innovation in was cement, food, and reduction. plastic sectors. are How to achieve a circular economy At the heart of reaching a circular economy are the nine 'R’ strategies. Infact, each of the 9R strategies can apply ‘0 all three areas in the value chain, what Can we measure today: To sincerely address these strategies, the following It is also important to measure the sustainabilit individual factors of a circular economy are key to impacts of circular strategies. measure against. Sustainability Shared ——_Repatr & robiity maintenance Peerto-peer atforms Product service ‘seonamy aa Sur) eer ay Cee ery + ( @ > Biodiversity DE (

    You might also like