Source | www.weforum.org | Ellen MacArthur | Frans van Houten
- It’s time to leave behind current wasteful and polluting models to usher in growth-based business models and innovative regenerative strategies.
- Scaling circular economy efforts globally will mean triggering strategic shifts across sectors.
Approximately $57 billion of global electronic waste is generated every year. Additionally, food loss and waste accounts for $950 billion in lost value – a number equivalent to the Netherlands’ annual GDP.
Given the twin crises of the pandemic and the global economic downturn, system reset is more relevant than ever. It’s time to leave behind current wasteful and polluting models to usher in better growth-based business models and innovative regenerative strategies. Such a transformation is possible – but requires scaling circular economy solutions and forging new collaborations, across businesses, governments, researchers, financial institutions, and civil society organizations.