- A fundamentally new model of industrial organization is needed to de-link rising prosperity from resource consumption growth – one that goes beyond incremental efficiency gains to deliver transformative change.
- A 'circular economy' (CE) is an approach that would transform the function of resources in the economy. Waste from factories would become a valuable input to another process – and products could be repaired, reused or upgraded instead of thrown away.
- In a world of high and volatile resource prices, a CE offers huge business opportunities. Pioneering companies are leading the way on a CE, but to drive broader change it is critical to collect and share data, spread best practice, invest in innovation and encourage business-to-business collaboration.
Tuesday 13 March 2012
A Global Redesign? Shaping the Circular Economy
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