After mapping each production step based on the template above, we offer a...
2021-07-28 2 ENGLISH REPORTS
Increased material use will also have an impact on climate change. According to the International Resource Panel (IRP), resource-efficiency approaches could reduce greenhouse gases (GHGs) emissions by 60 per cent by 2050.9 Transitioning towards CE has enormous potential to reduce CO2 emissions and to mitigate the impact of climate change. It would entail the eventual elimination of the linear conversion of hydrocarbons to CO2 and its replacement with enhanced energy-efficiency, bioenergy and carbon capture, utilization and storage technologies,10 and more circular strategies. Unlike the traditional linear “take-make-consume-throw away” model of consumption and production, the CE model aims to achieve sustainable growth by retaining value in products, materials and components for as long as possible in economic and social systems.
“Designing for the CE” thus requires shifting focus from waste management and resource recovery to the objective of “closing the loop” in both biological and technical cycles (Appendix B). A circular economy is one in which products, materials and components are better designed and better maintained – and are repaired, reused, refurbished, remanufactured and finally recycled rather than being thrown away.This chapter focuses on the “state of the art” in CE, international cooperation and policy-making – and highlights major global actors, stakeholders and initiatives related to CE. Some issues are explored from a macroeconomic perspective, some from a regional one and some at the level of organizations and products. It also offers recommendations to enhance the role of the G20 in promoting the transition to CE through short-term and medium-term actions as well as initiatives aimed at longer-term systemic change.
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