Eprs closing the loop new circular economy package members research service page 3 of 9 in practice, a circular economy implies reducing waste to a minimum. Pdf 1 moving beyond the circular economy semantic scholar. The concept of the circular economy is rapidly capturing attention as a way of. Meanwhile, section 3 presents and discusses the results of our analysis of. It puts a major emphasis on finding new, innovative means to move away from a takemakedispose culture, for instance by recycling and reusing products for longer. Towards the circular economy reports world economic forum. To set the change process in motion, many public and private players companies, authorities.
In light of the ec circular economy package, the eib, as the eu bank, aims to support the transition to a circular economy, in particular in the eu, but also in other parts of the world. While there is great potential in the chief values and prospects of a circular economy, this alone will not bring the circular economy to market or scale. The goal of the circular economy is to slow down the flow of material resources through the anthroposphere and to return them back to nature in a form that is as compatible as possible with the ecosystem processes. Circular economy and sdgs article pdf available in journal of industrial ecology february 2018 with 3,864 reads.
Economic forum and the ellen macarthur foundation generously provided expert support to this research. Section 2 explores the origins of the circular economy concept, the different available definitions as well as the issues that have received criticism. The shift towards a sustainable industrial economy would require. Towards circular economy a wastewater treatment perspective. The circular economy is increasingly attracting the attention of various actors in europe and globally. When you talk about saving the planet you turn it into an ethical question, and i think you wont solve problems if they are ethical.
The shift has begun appendix list of leading experts list of. There appears to be a general increase of interest in ce considering the increasing number of geographically independent research articles after 2010. Accelerating the scaleup across global supply chains. Aug 24, 2019 a circular economy entails markets that give incentives to reusing products, rather than scrapping them and then extracting new resources. This report highlights progress and challenges across member states and in municipalities for 1 reducing waste, and 2 generating highquality. Circular economy report towards the circular economy vol. Around one third of eu municipal waste was sent to landfill in 2012. The course will take place on four wednesday evenings. For this purpose, we have gathered 114 circular economy definitions which. Pdf the relevance of circular economy practices to the. To turn waste into a resource, waste management objectives must be aligned with the goals of a circular economy transition.
Accelerating the scaleup across global supply chains 17trina solar, one of the largest solar panel manufacturers in the world based in china, have started developing technologies and standards for recycling endofuse photovoltaic modules in anticipation of the obsolescence of firstgeneration panels. Towards the circular economy ellen macarthur foundation. Towards the circular economy 03 contents acknowledgements foreword in support of the circular economy report synopsis executive summary 1. The circular economy archive of european integration. In the circular economy concept linkage between the waste stream of one process and the input stream of an adjoined process is made, closing loops, thus reducing the total resource. Interdependence at kalundborg, journal of industrial ecology, vol. Ellenmacarthurfoundationtowardsthecirculareconomyvol. Challenges in supply chain redesign for the circular economy. Ellen mac arthur foundation towards the circular economy vol. The gap between sustainable resource availability and demand solvay, a specialty chemical company, uses its sustainable portfolio management tool to address social and environmental risks and opportunities across value chains and to steer its portfolio towards a circular economy. When a product reaches the end of its life, its materials are kept within the economy wherever possible. Using product case studies and economicwide analysis, this report details the potential for significant benefits across the eu. In order to move towards a sustainable industrial society, erkman 2001, pp.
Pdf the circular economy a new sustainability paradigm. The principles account for a circular system where all. Towards the circular economy viewpoints which matter. Accelerating the scaleup across global supply chains 3. The traditional linear economy is based on a takemakewaste production model. Water has caught the attention of circular economy discussions as it is one of the most important resources for production. The benefits of a circular economy the limits of linear consumption from linear to circularaccelerating a proven concept how it works up closecase examples of circular products an economic opportunity worth billions charting the new territory 2. In 2012, the ellen macarthur foundation report towards the circular economy contributed. That goal is achieved through longlasting design, the repair and reuse of items, and the recycling of materials. On the contrary, the remaining eight are relatively new or take a different relevance within the circular economy context.
Accelerating the scaleup across global supply chains first published january 24, 2014 business leaders and governments both acknowledge that continued wealth generation requires a new industrial model less dependent on primary energy and materials inputs. The ellen macarthur foundation launches towards the circular economy vol. Fortum recycling and waste solutions, formerly ekokem, is part of fortum corporation. It refers to closing material loops and prolonging the lifetime of materials. Scribd is the worlds largest social reading and publishing site. Sustainability free fulltext towards a circular economy. A circular economy perspective can bring water innovations that support water regeneration. Digitally enabled sharing and the circular economy. The transformation towards a circular economy needs advancements in filling the knowledge gaps of the factors that affect the way waste is managed. Business opportunitiesdrivers, needs and challengesbarriers in the mining industry to valorize tailings were identified in this study. The benefits of a circular economy the limits of linear consumption from linear to circularaccelerating a proven concept. Launched january 20, the report identifies global economic opportunity worth usd 700 billion for the consumer goods sector by the adoption of circular thinking. The production model, which currently underpins our material prosperity, remains highly resourceintensive, and the volume of minerals, ores and fossil fuels consumed annually is set to triple by 2050 unless economic growth is decoupled from resource consumption 1.
In such an economy, all forms of waste, such as clothes, scrap metal and obsolete electronics, are returned to the economy or used more efficiently. The relevance of circular economy practices to the sustainable development goals. We use your linkedin profile and activity data to personalize ads and to show you more relevant ads. It aims at looking at the in dustrial system as a whole erkman 2001, p. Towards the circular economy the ellen macarthur foundation. Section 3 first describes the main circular economy processes and then presents three examples of how these processes can be applied in different sectors. Overall, we hope to contribute via this study towards the coherence of the circular economy. In order for a circular economy to materialize, an integrated approach that focuses on a longterm system change or transition is required. Feb, 20 ellen mac arthur foundation towards the circular economy vol. We provides environmental management and material efficiency services in the nordics. The european commission s circular economy action plan sets out 54 ways to close the loop of product lifecycles. Laan, business value from closedloop supply chains, 2014, int. Why the time to act is now mounting pressure on resources favourable alignment of enablers 3.
Macarthurfoundation towards the circular economy vol. The foundation believes that the circular economy provides a coherent framework for systems level redesign and as such offers us an opportunity to harness innovation and creativity to enable a positive, restorative economy. The circular economy and developing countries a data analysis of the impact of a circular economy on resourcedependent developing nations authors. Albert einstein the circular economy is rapidly rising up political and business agendas. Sixteen among these challenges are well known from research in related topics. May 11, 2017 fortum recycling and waste solutions, formerly ekokem, is part of fortum corporation. The report aims to reconcile the goal of scaling a circular model with the reality of a global economy and complex multitier supply chains. How it works up close case examples of circular products it is evident that reuse and better design can significantly reduce the material bill and the expense of waste disposal and that they can create new enterprises and more useful productsmeeting needs of new customers as the population grows. One response that has been attracting significant attention is the idea of a circular economy or close loop economy, in which. The shift towards a sustainable industrial economy would require structural. This stoa study explores waste management in the eu. Moving towards a circular economy successful nordic business models. The notion of a circular economy has also its roots in industrial ecology ie preston 2012, p.
In contrast, the circular economy is based on the most effective use and reuse of materials and energy. Pdf the fundamental need for an alternative to the traditional linear model of growth has led to the. The circular economy and food waste management most preferred least preferred. Circular economy pillars relatively low energy and commodity prices lack of clarity for business and policy makers circular economy pillars, challenges and solutions ongoing environmental pressures see section 3 policy recommendations ceps framework provides clarity on the ce concept section 2 introduction 3 3 circular economy challenges. Opportunities for the consumer goods sector is a keynote report by the ellen macarthur foundation and mckinsey.
Towards a circular economywaste management in the eu think. Since the approval of this law major attention has been given towards implementation of a circular economy on corporate, interfirm and social level geng and doberstein, 2008. Oct 31, 2019 one strategy to direct consumption to a sustainable pathway is the circular economy. The overall objective is to make the circular economythinking more mainstream in the nordic countries and hereby accelerate the develop ment of circular economy in the nordic countries.
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