Circular Economy – Eurometaux position

Governments, companies and private financial institutions invest over $1.3 trillion a year in the circular economy, according to Chatham House, in the first-ever estimate of its kind. “Recycling, reusing materials and reducing waste makes clear business sense, which is why spending on the circular economy is rising rapidly,” said Patrick Schröder, senior research fellow at Chatham House. “However, funding remains far below where it needs to be to reap the full investment rewards. Moving from a linear ‘take-make-throw away’ economy to circular, sustainable business models will create jobs, promote investment and protect the planet.” The analysis by Chatham House and Just Economics found that companies invest around $800 billion a year in the circular economy – just over 2% of the $35 trillion that goes towards the linear economy.

Siemens Energy and partners are holding a Middle East and Africa focused virtual conference, entitled “Shaping the Energy of Tomorrow” from October 19 to 21, 2020 to drive forward the sustainability and decarbonisation agenda at a defining moment in the energy industry.