About this Discussion

In 2019, over 92 billion tonnes of materials were extracted and processed, contributing to about half of global CO2 emissions. This “take-make-dispose” approach and the resulting waste – including plastics, textiles, food, electronics and more – is taking its toll on the environment and human health.

A circular economy model replaces this end-of-life concept with restoration, shifts towards the use of renewable energy, eliminates the use of toxic chemicals, which impair reuse and return to the biosphere, and aims for the elimination of waste through the superior design of materials, products, systems and business models. The circular economy approach improves resource efficiency and reduces environmental impact on natural capital by designing products in a more recyclable way, adopting efficient technology and turning waste into a resource. The circular economy offers a trillion-dollar opportunity in terms of possible material savings, innovation and job creation, improved land productivity and soil health, and green growth. Achieving this, however, requires strong collaboration between leaders from business, government and civil society.

Circular Economy

A post is already pinned to this stream. Would you like to replace it?
A post is already pinned to this stream. Would you like to replace it?

Check out Rwanda's e-waste recycling plant! In addition to better managing and recycling waste, including hazardous e-waste, since its operations began last year, it reports having cut 1,648 tonnes of carbon emissions and created more than 500 jobs. They've also repaired a refurbished more than 5,000 computers already.

Read More

https://www.youtube.com/watch?v=GvBSj2TXITM
Maria Dumpert commented on Maria Dumpert's Post in Circular Economy, Waste Management

There's a lot happening on circular economy and plastics, and looking forward to even more to come this year! Here are a few highlights from the week:
* Three new country market studies on plastics circularity opportunities (Thailand, Philippines, Malaysia) added to our case study library (https://www.greengrowthknowledge.org/case-studies)

* IFC ClimateBiz Podcast: Marine Plastics: Navigating the Circular Currents (https://www.ifc.org/wps/wcm/connect/topics_ext_content/ifc_external_cor…) - "With existing technology, we can probably get 50% of the way with ocean plastic prevention, but that means we need a step change in recycling technology to achieve the next 50% -- things like advanced recycling technology, chemical recycling, commercialising and industrialising some of these processes"

* World Bank blog - 5 reasons why South Asia is coming together to beat marine plastic pollution (https://blogs.worldbank.org/endpovertyinsouthasia/5-reasons-why-south-a…)

Read More

https://www.greengrowthknowledge.org/case-studies

A new series of World Bank Group studies examine the untapped economic opportunities to promote plastic circularity and address marine debris in Malaysia, the Philippines and Thailand. The studies found that more than 75% of the material value of the plastics is lost - the equivalent of $6 billion per year across the three countries.

Read More

https://www.worldbank.org/en/news/press-release/2021/03/21/better-managing-plastic-waste-could-comba...

Today ICLEI launched ICLEI Circulars, a global platform working across regions to facilitate the circular economy transition at the local level.

Read More

https://circulars.iclei.org
Default profile image

Created a Post in Circular Economy

AN APPRAISAL OF TREASURY SINGLE ACCOUNT AS A CATALYST FOR SUSTAINABLE ECONOMIC GROWTH IN NIGERIA

Read More

http://www.ijssmr.org/link2.php?id=146
Default profile image

Created a Post in Circular Economy

EVALUATION OF ENVIRONMENTAL ACCOUNTING AND ITS IMPACT ON SUSTAINABLE ECONOMY IN NIGERIA

Read More

http://www.ijssmr.org/link2.php?id=138

The World Bank Group has been hosting a learning series since September last year on the circular economy and private sector development. Eight recorded sessions have already occurred (with the 9th scheduled for March 23rd). If you'd like to register to receive updates about the learning series, or watch any of the previous sessions (see more info below), please visit the attached link.

*Past sessions*
Session 1: Circular Economy and Competitiveness
Session 2: Eco-Industrial Parks
Session 3: Plastics
Session 4: Digital Technologies
Session 5: Critical Minerals
Session 6: Tourism
Session 7: Textiles
Session 8: Finance
Session 9 (upcoming): Construction

Read More

http://worldbank.org/circulareconomyseries