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<h2>Insights</h2> <div><div class="insight-view view view-theme-related-contents view-id-theme_related_contents view-display-id-block_4 js-view-dom-id-c19b6ef44ab0c2fc37becad0662e1dc257a50201ae68bcf4849107998b094ba7"> <div class="view-content"> <div class="views-row"><div class="views-field views-field-nothing"><span class="field-content"><div class="insights-container"> <div class="insights-image"><article data-history-node-id="61744" about="/person/koeun-lee"> <div> <div class="field field--name-field-resource-image field--type-entity-reference field--label-hidden field__item"> <img loading="lazy" src="//d3evokhjn14zll.cloudfront.net/sites/default/files/styles/latest_insight_thumbnail/public/2024-05/Screenshot%202024-05-28%20184419.png?itok=P6EhT4Hf" width="120" height="160" alt="koeun" typeof="Image" class="image-style-latest-insight-thumbnail" /> </div> </div> </article> </div> <div class="insights-details"><span class="insights-title"><a href="/blog/how-can-we-help-circular-economy-practitioners-work-better-together" hreflang="en">How can we help circular economy practitioners work better together?</a></span><span class="insights-by"> BY Koeun Lee, Waleska Guerrero</span></div> </div></span></div></div> <div class="views-row"><div class="views-field views-field-nothing"><span class="field-content"><div class="insights-container"> <div class="insights-image"><article data-history-node-id="442005" about="/person/angus-hamilton"> <div> <div class="field field--name-field-resource-image field--type-entity-reference field--label-hidden field__item"> <img loading="lazy" src="//d3evokhjn14zll.cloudfront.net/sites/default/files/styles/latest_insight_thumbnail/public/2023-07/AH%20Headshot%20%281%29.jpg?itok=_vZW_RVb" width="120" height="160" alt="Angus Hamilton" typeof="Image" class="image-style-latest-insight-thumbnail" /> </div> </div> </article> </div> <div class="insights-details"><span class="insights-title"><a href="/blog/data-driven-solutions-plastic-pollution-upu-hackathon" hreflang="en">Data-driven solutions for plastic pollution at the UPU Hackathon</a></span><span class="insights-by"> BY Angus Hamilton, Ana Gabriela Fernández Vergara, Nicole Weller, Adrian Peng, Philippe Goetschmann, Sammer Puran, Michael Willig, Teet Kirss, Yaxuan Chen, Susan Alexander</span></div> </div></span></div></div> <div class="views-row"><div class="views-field views-field-nothing"><span class="field-content"><div class="insights-container"> <div class="insights-image"><article data-history-node-id="60458" about="/person/steven-stone"> <div> <div class="field field--name-field-resource-image field--type-entity-reference field--label-hidden field__item"> <img loading="lazy" src="//d3evokhjn14zll.cloudfront.net/sites/default/files/styles/latest_insight_thumbnail/public/person/MicrosoftTeams-image_0.png?itok=MkBlVxFt" width="120" height="160" typeof="Image" class="image-style-latest-insight-thumbnail" /> </div> </div> </article> </div> <div class="insights-details"><span class="insights-title"><a href="/blog/money-talks-how-do-we-get-it-listen" hreflang="en">Money talks: but how do we get it to listen?</a></span><span class="insights-by"> BY Steven Stone</span></div> </div></span></div></div> </div> <div class="view-footer"> <div class="views-infinite-scroll-footer"><a href="/blog/theme/151">Read more insights</a></div> </div> </div> </div> </div> </div> </div> <div class="content-section order-1 order-lg-2 col-12 col-lg-9"> <div class="region region-content"> <div id="block-ggkp-content" class="block block-system block-system-main-block"> <article data-history-node-id="151" about="/themes/circular-economy" class="node node--type-theme node--view-mode-full"> <div class="node__content"> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p style="text-align: justify;">Circular Economy which is best described as an "industrial system that is restorative or regenerative by intention and design. It replaces the ‘end-of-life’ concept with restoration, shifts towards the use of renewable energy, eliminates the use of toxic chemicals, which impair reuse, and aims for the elimination of waste through the superior design of materials, products, systems, and, within this, business models’’(<a href="/resource/circular-economy-review-definitions-processes-and-impacts-0">Circular Impacts, 2017</a>).&nbsp;The Circular Economy model improves resource efficiency and reduces environmental impact on&nbsp;<a href="/themes/natural-capital">natural capital</a>&nbsp;by designing products in a more recyclable way, adopting efficient&nbsp;<a href="/theme/technology-innovation">technology</a>, and turning&nbsp;<a href="/sector/waste" target="_blank">waste</a>&nbsp;into a resource.</p> <p style="text-align: justify;">The circular model of growth, decoupled from the consumption of finite resources and capable of delivering resilient economic systems, is increasingly looked upon as the next wave of development (<a href="/resource/towards-circular-economy-business-rationale-accelerated-transition">Ellen MacArthur Foundation, 2015</a>).&nbsp;To realise this outlook, governments and business must adapt systemic approaches to address the remaining challenges to resource efficiency, especially in sectors such as&nbsp;<a href="/sector/manufacturing" target="_blank">manufacturing</a>,&nbsp;<a href="/sector/agriculture" target="_blank">food</a>&nbsp;and&nbsp;<a href="/sector/buildings" target="_blank">construction</a>.&nbsp; The importance of transitioning to a circular economy is increasingly recognised by the global community. The European Union, for example, has developed this model: a low-carbon, resource-efficient and increasingly circular economy characterised by high employment, technological innovation and sustainable growth (<a href="/resource/developing-eu-long-term-climate-strategy-special-report">ICTSD, ERCST, 2018</a>). The Commission&nbsp;adopted a Circular Economy Package to stimulate the transition of European businesses and consumers towards a circular economy, where resources are used in a more sustainable manner. The idea of a “circular economy” is also promoted internationally, including by China, the European Commission, Japan and many others (<a href="/sites/default/files/sectors/Resource_Efficiency__Potential_and_Economic_Implications_summary_for_Policy-Makers_IRP.pdf">UN International Resource Panel, 2016</a>).</p> <h4 style="text-align: justify;"><strong>Relevance to the SDGs</strong></h4> <p style="text-align: justify;">The Circular Economy is embodied in Sustainable Development Goals (SDG) 8, 9 and 12. SDG 8 promotes a sustained, inclusive and sustainable growth, within others, through the improvement of global resource efficiency in consumption and production. SDG 9, on sustainable infrastructure and industrialisation, urges industries to adopt resource efficient and environmentally sound technologies. SDG 12 addresses the sustainable consumption and production emphasise the resource efficiency and waste reduction.&nbsp;</p> <p>&nbsp;</p> <p style="text-align: center;"><a class="button" href="/search/site?keyword=%22sustainable+consumption+and+production%22">SDG 8.4<br> Sustainable Consumption<br> and Production</a>&nbsp;&nbsp;&nbsp;<a class="button" href="/search/site?keyword=%22green+industry%22">SDG 9.4<br> Green Industry<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</a>&nbsp;&nbsp;&nbsp;<a class="button" href="/search/site/sector/manufacturing-51925?keyword=%22natural%20resources%22">SDG 12.2<br> Natural Resource<br> Management</a>&nbsp;&nbsp;&nbsp;<a class="button" href="/search/site/sector/waste-130?keyword=waste+management ">SDG 12.5<br> &nbsp;&nbsp;Waste Management<br> &nbsp;&nbsp;</a></p> </div> <div class="clearfix text-formatted field field--name-field-gip-description field--type-text-with-summary field--label-hidden field__item"><p>The circular economy concept has taken the business and policy world by storm.</p> <p>In a circular economy, waste is minimised along the entire life-cycle of a product, including reducing waste during raw material sourcing, design and manufacture, and eliminating the disposal of products by reusing, refurbishing, or recycling them. This resource efficiency leads to a cost reduction for companies, and the environmental benefits may increase customer loyalty and fortify industry reputations. Promoting a circular economy also provides businesses with an incentive to become more innovative, flexible, and competitive.</p> <p>The World Economic Forum <a href="http://www3.weforum.org/docs/WEF_ENV_TowardsCircularEconomy_Report_2014.pdf" target="_blank">estimates</a> that adopting a circular economy model would save over US $1 trillion per year from materials savings alone, and could help to reduce resource prices and supply disruptions. There are a number of global efforts focused on supporting a circular economy by assisting businesses adapt their operations, including international initiatives such as the <a href="https://www.acceleratecirculareconomy.org/" target="_blank">Platform for Accelerating the Circular Economy</a> and the <a href="https://www.ellenmacarthurfoundation.org/" target="_blank">Ellen MacArthur Foundation</a>.</p> </div> </div> </article> </div> <div class="views-element-container insight-common-block block block-views block-views-blocksector-research-block-3" id="block-views-block-sector-research-block-3"> <h2>Research</h2> <div><div class="insight-common-view view view-sector-research view-id-sector_research view-display-id-block_3 js-view-dom-id-37ce16c392cba7a400d2cce8f26c9f6821b86347f445a3157f1344afc13c1749"> <div class="view-filters"> <form class="views-exposed-form bef-exposed-form" data-bef-auto-submit-full-form="" data-bef-auto-submit="" 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</div> </fieldset> <div data-drupal-selector="edit-actions" class="form-actions js-form-wrapper form-wrapper" id="edit-actions--2"> <input data-bef-auto-submit-click="" class="js-hide button js-form-submit form-submit btn btn-primary" data-drupal-selector="edit-submit-sector-research" type="submit" id="edit-submit-sector-research" value="Apply" /> </div> </div> </form> </div> <div class="view-content"> <div class="views-row"><div class="related-content"> <div class="related-content-image"> <div class="field field--name-field-resource-image field--type-entity-reference field--label-hidden field__item"> <a href="/research/improving-waste-wood-circularity-eu-classification-frameworks-and-policy-options" hreflang="en"><img loading="lazy" src="//d3evokhjn14zll.cloudfront.net/sites/default/files/styles/research_thumbnail/public/2024-11/Screenshot%202024-11-15%20at%2021.59.04.png?itok=HefkF399" width="118" height="170" alt="Improving waste wood " typeof="foaf:Image" class="image-style-research-thumbnail" /> </a> </div> </div> <div class="related-content-details"> <div class="related-content-title"><h2><a href="/research/improving-waste-wood-circularity-eu-classification-frameworks-and-policy-options"><span class="field field--name-title field--type-string field--label-hidden">Improving Waste Wood Circularity in the EU: Classification frameworks and policy options</span> </a></h2></div> <div class="related-content-org"> <div class="field field--name-field-organisation field--type-entity-reference field--label-hidden field__items"> <div class="field__item">Centre for European Studies (CES)</div> </div> </div> </div> </div> </div> <div class="views-row"><div class="related-content"> <div class="related-content-image"> <div class="field field--name-field-resource-image field--type-entity-reference field--label-hidden field__item"> <a href="/research/report-mapping-linkages-between-all-17-sustainable-development-goals-sdgs-and-sound" hreflang="en"><img loading="lazy" src="//d3evokhjn14zll.cloudfront.net/sites/default/files/styles/research_thumbnail/public/2024-11/REPORT%20on%20mapping%20linkages%20between%20all%2017%20SDGs%20and%20sound%20management%20of%20chemicals%20and%20wastes.png?itok=Cr63Ta1V" width="120" height="155" alt="Report on mapping linkages between all 17 SDGs and sound management of chemicals and wastes" typeof="foaf:Image" class="image-style-research-thumbnail" /> </a> </div> </div> <div class="related-content-details"> <div class="related-content-title"><h2><a href="/research/report-mapping-linkages-between-all-17-sustainable-development-goals-sdgs-and-sound"><span class="field field--name-title field--type-string field--label-hidden">Report on mapping linkages between all 17 sustainable development goals (SDGs) and sound management of chemicals and wastes in terms of goals, targets and indicators, through the international chemicals and wastes multilateral environmental agreements</span> </a></h2></div> <div class="related-content-org"> <div class="field field--name-field-organisation field--type-entity-reference field--label-hidden field__items"> <div class="field__item">UN Department of Economic and Social Affairs (UN DESA)</div> <div class="field__item">United Nations Environment Programme (UNEP)</div> </div> </div> </div> </div> </div> <div class="views-row"><div class="related-content"> <div class="related-content-image"> <div class="field field--name-field-resource-image field--type-entity-reference field--label-hidden field__item"> <a href="/research/chemicals-concern-building-and-construction-sector-0" hreflang="en"><img loading="lazy" src="//d3evokhjn14zll.cloudfront.net/sites/default/files/styles/research_thumbnail/public/2024-11/Chemicals%20of%20Concern%20in%20the%20Building%20and%20Construction%20Sector.png?itok=sIsD6sDq" width="118" height="170" alt="Chemicals of Concern in the Building and Construction Sector" typeof="foaf:Image" class="image-style-research-thumbnail" /> </a> </div> </div> <div class="related-content-details"> <div class="related-content-title"><h2><a href="/research/chemicals-concern-building-and-construction-sector-0"><span class="field field--name-title field--type-string field--label-hidden">Chemicals of Concern in the Building and Construction Sector</span> </a></h2></div> <div class="related-content-org"> <div class="field field--name-field-organisation field--type-entity-reference field--label-hidden field__items"> <div class="field__item">United Nations Environment Programme (UNEP)</div> </div> </div> </div> </div> </div> </div> <div class="view-footer"> <div class="views-infinite-scroll-footer"><a href="/resources/browse/theme/151">View All</a><span class="total-count">3</span></div> </div> </div> </div> </div> <div class="views-element-container insight-common-block block block-views block-views-blocktheme-related-contents-block-1" id="block-views-block-theme-related-contents-block-1"> <h2>Case Studies</h2> <div><div class="insight-common-view view view-theme-related-contents view-id-theme_related_contents view-display-id-block_1 js-view-dom-id-dba7913bfd9b525754cc34b27df50a8d7733745aa15b0ae3d45defcaafb75590"> <div class="view-filters"> <form class="views-exposed-form bef-exposed-form" data-bef-auto-submit-full-form="" data-bef-auto-submit="" data-bef-auto-submit-delay="500" data-drupal-selector="views-exposed-form-theme-related-contents-block-1" action="/themes/circular-economy" method="get" id="views-exposed-form-theme-related-contents-block-1" accept-charset="UTF-8"> <div class="form--inline clearfix"> <fieldset data-drupal-selector="edit-sort-bef-combine" id="edit-sort-bef-combine--2--wrapper" class="fieldgroup form-composite js-form-item form-item js-form-wrapper form-wrapper"> <legend> <span class="fieldset-legend">Sort by</span> </legend> <div class="fieldset-wrapper"> <div id="edit-sort-bef-combine--2" class="form-radios"><div class="form-radios"> <div class="js-form-item form-item 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form-item-sort-bef-combine"> <input data-drupal-selector="edit-sort-bef-combine-field-radioactivity-energy-desc-2" type="radio" id="edit-sort-bef-combine-field-radioactivity-energy-desc--2" name="sort_bef_combine" value="field_radioactivity_energy_DESC" class="form-radio form-control" /> <label for="edit-sort-bef-combine-field-radioactivity-energy-desc--2" class="option">Most Popular</label> </div> </div> </div> </div> </fieldset> <div data-drupal-selector="edit-actions" class="form-actions js-form-wrapper form-wrapper" id="edit-actions--3"> <input data-bef-auto-submit-click="" class="js-hide button js-form-submit form-submit btn btn-primary" data-drupal-selector="edit-submit-theme-related-contents" type="submit" id="edit-submit-theme-related-contents" value="Apply" /> </div> </div> </form> </div> <div class="view-content"> <div class="views-row"><div class="related-content"> <div class="related-content-image"> <div class="field field--name-field-feature-image field--type-image field--label-hidden field__item"> <img loading="lazy" src="//d3evokhjn14zll.cloudfront.net/sites/default/files/styles/research_thumbnail/public/casestudies/featuredimage/Business%20case_Resource%20Efficient%20Aquaculture%20Tunisia_EN.png?itok=0Lqfluw-" width="120" height="170" alt="" typeof="foaf:Image" class="image-style-research-thumbnail" /> </div> </div> <div class="related-content-details"> <div class="related-content-title"><h2><a href="/case-studies/switchmed-business-caseresource-efficient-aquaculture-tunisia"><span class="field field--name-title field--type-string field--label-hidden">SwitchMed Business Case_Resource Efficient Aquaculture Tunisia</span> </a></h2></div> <div class="related-content-org"> <div class="field field--name-field-organisation field--type-entity-reference field--label-hidden field__items"> <div class="field__item">United Nations Industrial Development Organization (UNIDO)</div> </div> </div> </div> </div> </div> <div class="views-row"><div class="related-content"> <div class="related-content-image"> <div class="field field--name-field-feature-image field--type-image field--label-hidden field__item"> <img loading="lazy" src="//d3evokhjn14zll.cloudfront.net/sites/default/files/styles/research_thumbnail/public/casestudies/featuredimage/APP_EN.png?itok=AL-syGQV" width="120" height="170" alt="" typeof="foaf:Image" class="image-style-research-thumbnail" /> </div> </div> <div class="related-content-details"> <div class="related-content-title"><h2><a href="/case-studies/switchmed-business-case-resource-efficient-and-cleaner-production-app-lebanon"><span class="field field--name-title field--type-string field--label-hidden">SwitchMed Business Case: Resource Efficient And Cleaner Production APP Lebanon</span> </a></h2></div> <div class="related-content-org"> <div class="field field--name-field-organisation field--type-entity-reference field--label-hidden field__items"> <div class="field__item">United Nations Industrial Development 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