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It describes how circular economy can address the drivers of biodiversity loss and increase positive impacts on nature. Gov. e) Take forward and support sectoral, bilateral and/or regional partnerships for the circular economy transition to disseminate best practices while making sure not duplicating efforts. Circular economy and the SDGs - Sustainable Development Knowledge Platform For World Cities Day 2021 They are not negotiated documents and as such they do not necessarily represent the views of all GACERE members. This can be achieved through long-lasting design, maintenance, repair, reuse, remanufacturing, refurbishing and recycling. Even as the global pandemic endures, International Paper will continue to advance natural climate solutions by leading on forest stewardship and circularity. The circular economy, including recycling products from wastewater, is a moneymaker. Circularity means shifting from what we call a linear system to a circular one. The annual WCEF, a global initiative of Finland and the Finnish Innovation Fund (Sitra), presents the worlds leading circular economy solutions with business leaders, policymakers and experts participating from around the world. A circular economy is essential for fighting climate change. The circular economy, when designed in a thoughtful and inclusive manner, has the potential to protect the environment, improve economics, and elevate social justice. One of the root causes of pollution - and also of climate change and biodiversity loss - is the unsustainable use of natural resources in our production and consumption models. Underserved communities across this nation have been overburdened with the negative environmental and health impacts caused by a non-circular economy. Reducing greenhouse emissions are no longer enough to halt climate change impacts and there is a pressing need to adapt cities to a warming climate. The circular economy and the Green Jobs creation | SpringerLink Nowhere has this opportunity been more clear than in the fiber-based packaging, pulp and paper industry, where International Paper works to make its entire value chain circular. How the Circular Economy Tackles Climate Change. Opt not to print. Intermediated loans for SMEs, mid-caps and other priorities, Investments in infrastructure and environmental funds, Guarantees in support of SMEs, mid-caps and other objectives, Shared management funds and financial instruments, Sub-Saharan Africa, the Caribbean and the Pacific, The EIB in the Americas and the Caribbean, Economic conferences and research networks, Netherlands: EIB and BNG Bank renew collaboration to extend 600 million in new financing, Settlement agreement reached between EIB and Egis International, EIB Institute Social Innovation Tournament: Meet Europes 15 best social entrepreneurs, International Day against Homophobia, Transphobia and Biphobia (IDAHOT 2023), EIB at the WCEF2023: Scaling up financing for the circular economy and building strong partnerships, The EIB is stepping up its financing and advisory support for the Circular Economy, President Hoyer: The linear approach does not work any longer, Transparency, accountability and access to information. A rapid shift to a . A weekly update of the most important issues driving the global agenda. In this 2017 paper in Nature Climate Change, scholars at Imperial College London tally up the total amount of CO2 that needs to be reduced by 2050 (relative to a business-as-usual scenario) to . EPA's circular economy for all aims to reduce waste and toxic materials and reuse critical minerals during manufacture and processing. As cities continue to respond to the many challenges imposed by climate change, this complex coupling between mitigation and adaptation is likely to increase. The Save Our Seas 2.0 Act refers to an economy that uses a systems-focused approach and involves industrial processes and economic activities that are restorative or regenerative by design, enables resources used in such processes and activities to maintain their highest value for as long as possible, and aims for the elimination of waste through the superior design of materials, products, and systems (including business models). This component is driven by bioacousticsthe latest technological innovation in holistic and cost-effective biodiversity monitoring. Ghanaians like Nelson who works with waste pickers who collect about 20,000 tonnes of plastic every day, are showing us the way. Please enter a valid email address (formatted as name@company.com). Climate Change And The Circular Economy - Forbes Circular economy: Reusing products can contribute to reducing our CO2 emissions. Your browser does not support JavaScript. When we cant use them anymore, we break them down into component parts and re-manufacture or remake them into new objects. Privacy Statement It will focus on the development of a new integrated science toolkit for improved forest managementcontinuing to scale RIL-C in response to strong demand while introducing a new biodiversity monitoring component. By 2030, SPU is striving to reduce solid waste emissions by 58% from 2008 levels. The UCAFproject aims to provide an adaptable city-level circularity assessment framework toassist cities in transitioning to a circular economy. This website uses cookies as well as similar tools and technologies to understand visitors' experiences. The new model of circular economy is meant to allow the planet to breathe, while leaving no one behind. . Climate change adaptation can also be circular. By the same year, an estimated 13 percent of the food destined for human consumption was lost after harvesting and another 17 percent was wasted at the household, food service and retail levels. The World Resources Institute has estimated that doubling the global circularity level by 2030 can reduce greenhouse gas emissions by about 20%. As part of the Paris Agreement, countries are adopting climate pledges known as Nationally Determined Contributions (NDCs) to reduce GHG emissions and increase resilience against extreme weather and natural disasters. Please upgrade to continue. The Network enables the MDBs to exchange knowledge on the circular economy, as well as providing a platform to collaboratively work on standards, tools and products to facilitate circular activities and projects. Sophie Beckham, Chief Sustainability Officer, International Paper. Seattle Public Utilities (SPU) joined about 1,500 leaders this week at Circularity 23, a national convening held this year in Seattle to spotlight and add greater momentum to waste reduction strategies to address climate change and pollution. JavaScript appears to be disabled on this computer. Ghana is working to improve urban waste management by supporting entrepreneurs who are building houses made of recycled plastic waste. According to the International Labour Organization (ILO), if the world implemented more circular activities such as recycling, repair, rent, and remanufacture, it would create 6 million jobs globally by 2030. With financing through UNDP-supported Green Sukuk, Indonesia revitalized the 12.5 Hectare landfill. Despite the urgent need to shift to a circular economy, material extraction is rising every year, with circularity declining from 9.1 percent in 2018 to 7.2 percent in 2023. While fluff pulp itself is renewable and recyclable, the products it goes into often are not. Originally posted on Greenbiz The goal of the event for me is to raise awareness about the power of this tool, circularity. Its something that actually already exists in our communities and in our economy. A circular economy makes use of various strategies such as reducing, reusing and recycling that together eliminate waste, lower material and resource consumption and reduce greenhouse gas emissions. EPA is developing action plans and strategies for electronics and food loss and waste and organics. The amount of electronic waste reached 7.3 kilograms per capita in 2019, and the majority is not managed in a sound way, harming the environment and our health. As recently highlighted in an op-ed in the Swedish newspaper Expressen One of the biggest opportunities to improve circularity is with fluff pulpthe white fluffy material that makes diapers and other hygiene products absorbent. These trends would have huge impacts on our planet, in terms of climate change, environmental and land degradation, water stress, biodiversity loss and human health. For companies in this industry, improving the circularity of the value chain begins in the forest with the stewardship of our raw materials, and relies on the sustainable design, production and end use of the fiber-based products we create. Please enter a valid email address (formatted as name@company.com). This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Image:REUTERS/Kim Kyung-Hoon. Ellen MacArthur Foundation ANBI RSIN nummer: 8257 45 925. A briefing, published today by the European Environment Agency (EEA), emphasises that, in addition to ongoing efforts to prevent waste, specific circular economy practices in sourcing of raw materials hold significant potential to also protect and . A circular economy: a tool to bridge climate mitigation and - SEI The Role of Business in Moving from Linear to Circular Economies Circularity is embraced within the sustainable materials management (SMM) approach that EPA and other federal agencies have pursued since 2009. * All references to Kosovo shall be understood in the context of UN Security Council Resolution 1244 (1999). In a linear one, we extract materials from the earth, we make objects, we use them, and then basically we throw them away. Governments, world over, reacted to the pandemic with short-term (rescue) and medium to long term (recovery) measures. To keep global temperature increases under 2 degrees Celsiusthe threshold scientists say must not be breached to avoid the worst climate impactswe must increase carbon mitigation efforts, which include land stewardship. How to use circular economy to enhance biodiversity? Meanwhile, shifting from a take-make-waste economic model to a more circular one promises to unlock trillions of dollars in economic value. Nature-based solutions also make adaptation measures circular and smarter by promoting multifunctional areas in cities. Through the IFI Circularity Exchange Network, major finance organisations have created a roadmap to The future must be circular coffee and conversation with businesses and researchers. Receive updates of the EIB Groups activities in Europe and around the world. Were also supporting a wide range of actions including national, urban, and sectoral planning and budgeting, and by convening and engaging key stakeholders and partners at global, regional, and national levels to help build capacities and raise awareness of circular economy and other important nexuses. SPU was among the key event partners. Strategic partners contribute to the work of GACERE: the Ellen MacArthur Foundation, ICLEI Local Governments for Sustainability, the Platform for Accelerating the Circular Economy (PACE), theWorld Business Council for Sustainable Development (WBCSD) and the World Circular Economy Forum (WCEF).

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