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Towards An Inclusive Global Agenda For The: Circular Economy
Towards An Inclusive Global Agenda For The: Circular Economy
economy
Felix Preston
…
Circular economy – a cross-cutting opportunity
Chemical
industry
Energy
Building &
construction
Agriculture Transport Transport
Industry
Energy Building & Chemical
Transport construction industry
Design
Mining &
quarrying Retail Consumer
Consumer
Reduce
Repair
Reuse
Remanufacture
Recycle
© AFP
Chatham House | The Royal Institute of International Affairs Source: ISWA (2014 data from comtrade)
6
China green fence 2.0 – turning a crisis into opportunity?
Chatham House | The Royal Institute of International Affairs Image © AFP in the FT, Jan 18
A NEW DEVELOPMENT MODEL?
New jobs are also being created as waste streams shift or new
business models emerge. In Kenya, an e-waste recycling scheme is
estimated to have created over 2,000 jobs within four years of its launch.
Socio-economic Deep
• Health – e.g. via reduced benefits decarbonisation
• CO2
open burning
valorisation
• Job intensive activities
• Alternatives to
• Regional distribution and industrial
inequality processes
“Circular
Economy”
“Sustainable materials in the EU “Circular
management and Economy”
resource efficiency” in in China
“3Rs” in
the US Japan
“Resource
efficiency” in
India
“Sustainable
consumption and
production”
Developing country stakeholders often feel that the CE agenda is a rich country
agenda, and are suspicious that it is a smokescreen for protectionism
600000000
EIB Investment (million euros)
500000000
Industry
400000000 Urban development
Solid waste
300000000 Water, sewerage
200000000
100000000
Chatham House | The Royal Institute of International Affairs Source: Authors’ analysis of EIB data, investments from 2015
21
Safeguarding accountability and ensuring harmonisation