“I dislike the word waste,” says Simone Post. “We should regard every material, and that includes waste, as a new source of material.” The Dutch expert demonstrated what she meant with her graduation project at the Design Academy Eindhoven: She developed an upcycling concept for offcuts of material that she then fashions into circular rugs. The leftovers and rejects come from the production lines at textile manufacturer Vlisco, a company known for its highly colorful and extravagantly patterned fabrics made using a complex wax technique. “The big difference between upcycling and recycling is that with upcycling as part of the circular economy the material is imbued with greater value,” says the designer. By contrast, recycling might mean that a fabric involving a complex manufacturing process is later only used to make insulating boards.
Perrier has launched The Next Packaging Movement, a sustainable innovation program to enable leading innovators, experts and changemakers to collaborate around packaging solutions.
The sale of green bonds — a form of debt that funds renewable-energy projects like wind or solar farms, for example — entered another stratosphere in 2021. Globally, green bonds raised a record $479 billion in proceeds last year, well ahead of the $245 billion sold in 2020, according to Refinitiv data. And bankers expect the asset class to continue smashing records as companies seek to lower their emissions. “They are here to stay,” said Anne van Riel, BNP Paribas’ head of sustainable finance capital markets for the Americas. “In the last two years we’ve seen a lot of interest in the S in ESG, but now the E is the focus of discussion.” Countries such as India and Qatar are weighing their first-ever green bonds, while big companies like Apple have made them a part of annual capital-raising plans. Investors, too, are demanding more green, as they want exposure to companies charting a path toward a zero-carbon economy.
The practical applicability of many high-tech solutions in emerging economies, as well as a wealth of existing activity, have not been well explored, according to a new report from researcher Chatham House.
The circular economy has become a priority for state authorities and businesses across Europe. However, most organisations that want to embrace the circular economy cannot achieve fully it by themselves. While cooperation between different entities to achieve a higher goal is certainly not new, everyone can agree that there are problems to overcome and agreements to be made.