SEMINAR PROJECT

MBA 3rd SEM (FT)

   TOPIC : CIRCULAR ECONOMY

PRESENTED TO : PRESENTED BY :
MAHIMA MAM  RAKSHA KUSHWAH
RITIK PUNDHIR
G 20 
COUNTRIES

The Group of 20, also called the G-20, is a group of finance ministers and
central bank governors from 19 of the world's largest economies, including
those of many developing nations, along with the European Union. 
Formed in  26th September 1999, the G-20 promotes global economic growth,
international trade, and regulation of financial markets
Together, the economies of the G-20 countries represent more than 80% of
the gross world product (GWP), 75% of world trade, and 60% of the world
population.
OBJECTIVES
OF G20 Provide Provide rules for international trade.

COUNTRIES
Offer Offer help to developing countries.

Cooperate Cooperate to prevent financial crises.

Give Give loans to struggling economies

 CIRCULAR ECONOMY

• Defined as a model of production and

consumption, which involves sharing,
leasing, reusing, repairing, refurbishing and
recycling existing materials & products for
as long as possible. 
Ideally, circular economy aims to increase the life cycle
of products.
FROM LINEAR TO CIRCULAR ECONOMY

• The world's population growing and with it the demand for resources
(material, energy etc.) 
   Supply of these resources are finite (limited).
  Finite supply of fuel, raw, materials etc. Also means some countries are
dependent on other countries.
NEED FOR CIRCULAR ECONOMY
 45% of CO2  Emission due to production.

 87% of CO2 Emission from fossil fuels.

 22.2b tons of biomass annually

 In 2015 more than 67 billion tons of harvested

material are irretrievably lost.

 33.3% of food rotted and disposed.

 Only 9.3 billion tons (9%) of plastic are captured

and recycled.
BENEFITS OF CIRCULAR
ECONOMY
RENEWABLE
TOWARDS ZERO RESOURCES
WASTE ( INSTEAD OF
FINITE)

BENEFITS
REDUCE
CONSUMERS
CARBON
(LONG LASTING
EMISSION
PRODUCTS)

NEW
OPPORTUNITIES
.
 THREE PRINCIPLES OF CIRCULAR ECONOMY

ELIMINATE POLLUTION CIRCULATE PRODUCTS & REGENERATE NATURE

MATERIALS
Harness new materials Return nutrients to the forest,
and process technologies Redesign products to be reused, replant trees, remove plastic
to ensure waste and repaired or re-manufactured so that waste from the ocean, working
pollution are not created they last longer or kept in with the nature for benefit of
in the first place. circulation. all.
POTENTIAL OF CIRCULAR
ECONOMY
Jobs for 3.9 million people.( Estimate by
the European commission)

18 million green jobs by 2030(According to the

International labour organisation)

USD 700 billion in material savings.

Boost productivity by 3% in 2030.

 CONCLUSION
 Circular economy is defined as a model of production
and consumption, which involves sharing, leasing,
reusing, repairing, refurbishing and recycling
existing materials à products for as long as possible.

 It aims at reducing waste to a minimum, creating

further value for materials.

 Circular economy offers numerous benefits from

boosting productivity and savings, quality products
for consumers as well as creating new opportunities
in the employment sector.