Month: August 2021

Efficient resource consumption can save 22.8 billion tonnes of carbon and help avoid climate breakdown, according to a new report from impact organisation, Circle Economy. 
Circular economy strategies can cut global greenhouse gas emissions by 39% and play a crucial role in avoiding climate breakdown, the report suggests, which is launching today (26 January) during the World Economic Forum’s virtual Davos Agenda Week. The Circularity Gap Report finds that the 22.8 billion tonnes (Gt) of annual emissions associated with creating new products from virgin materials can be eliminated by applying circular strategies that drastically reduce the amount of minerals, fossil fuels, metals and biomass consumed by the world’s economy.

To mark Global Recycling Day (18 March), Bureau Veritas is reminding UK bakery and snack producers to put a circular economy business model at the heart of their coronavirus recovery plan. This is especially important ahead of the 26th UN Climate Change Conference of the Parties (COP26), set to be hosted by the UK in November. This year, Global Recycling Day shines the spotlight on #RecyclingHeroes: the people, places and activities that showcase the critical role recycling plays in contributing to a greener future. The third annual Global Recycling Day coincides with a new report by a group of international academics that states that economies and sectors that prioritise a move toward a ‘circular economy’ model​ ​could better recover from the financial impact of the pandemic.

A new initiative to support Latin America and the Caribbean in the transition to a circular economy as part of the COVID-19 recovery has been launched. The Regional Coalition on Circular Economy was announced during a virtual side event at the XXII Meeting of the Forum of Ministers of Environment of the region, hosted by Barbados and the United Nations Environmental Programme (UNEP). The Coalition will support access to financing by governments and the private sector, with special emphasis on small and medium enterprises (SMEs), in order to promote resource mobilization for innovation and the implementation of specific projects in the region.