What is the circular economy - and why is the world less circular . . . The Circularity Gap Report says there are four key circular economy principles that we need to follow to achieve a 33% reduction in material extraction and consumption – use less, use longer, use again and make clean
Circular Economy | World Economic Forum Discover stories on the circular economy from the World Economic Forum, presenting insights on minimizing waste through recycling, reuse, and sustainable practices for a resource-efficient future
9 circular economy examples that are accelerating transition | World . . . The recently released Circularity Gap Report 2023, from Circle Economy, reveals that the global economy is only 7 2% circular By implementing 16 circular solutions, the global economy can reduce material extraction by one-third, thereby reversing the overshoot of five planetary boundaries and limiting global warming to within 2°C These nine circular economy initiatives from across the globe
The future of the built environment is the circular economy The shift to circularity will also require a significant upfront investment, with an estimated €230 billion needed to adapt physical and infrastructure assets The long-term payoff, however, is substantial: the circular economy is projected to generate €1 5 trillion in economic value by 2040 through new markets, cost savings and CO2 reductions
Battery circularity | World Economic Forum Energy transition, circularity, sustainabilityThis paper, written in partnership with the Global Battery Alliance and RMI, examines these challenges, highlighting the significant environmental and socio-economic impacts Using insights from an expert advisory panel, the Global Future Council on the Future of Responsible Resource Use, and secondary research, it emphasizes the urgent need for
Circular retrofits | World Economic Forum This white paper, in collaboration with McKinsey Company, examines the expanding market for building retrofits and advocates for circular economy practices in the sector It analyses the economic viability of circular retrofits, considering various factors such as costs, incentives and regional variations in adoption It highlights key themes for stakeholders, including design, technology
Circularity in industry | World Economic Forum However, transitioning from linear to circular models poses challenges such as committing resources and building the expertise and partnerships necessary for circular transformation Overcoming these requires a shift in mindset and business strategy This paper suggests enabling strategies that can help navigate complexities and unlock economic value Developed in consultation with the World