Global Scans · Circular economy · Weekly Summary

• [New] The race to achieve a complete circular economy for key battery metals will see Europe arriving in second and the US in third place. Nickel
• Diageo plc announced last year that it has provided funding to establish the British Aluminium Consortium for Advanced Alloys - a collective of industry experts who will create a circular economy for aluminum in the U.K. Yahoo Finance
• The new provisional packaging agreement can play a significant role and has the potential to transform Europe into a clean, sustainable, circular economy, in line with the European Green Deal. CosmeticsDesign-Europe.com
• Strategies like sustainable consumption, circular economy, and resource efficiency could slash carbon dioxide emissions by over 80% by 2060. IISD Earth Negotiations Bulletin
• The circular economy will have net positive benefits in terms of GDP growth and jobs' creation, since applying ambitious circular economy measures in the EU states will increase the European GDP by an additional 0.5% by 2030 creating around 700,000 new jobs. The Baltic Course | Baltic States news & analytics
• Modern trends in circular economy, where economic growth is decoupled from resource use, are aimed at reducing pressure on natural resources providing adequate conditions for achieving the climate-neutrality target by 2050 and halting biodiversity loss. The Baltic Course | Baltic States news & analytics
• Stakeholders have been invited to comment on the new Circular Economy and Waste Route Map to 2030, seeking to refine and implement strategies that will fundamentally shift Scotland's approach to waste management and resource use. resource.co
• The circular economy is an opportunity for inventive thinking, researching, and acting on urgent global challenges such as the climate crisis, biodiversity loss, and unequitable resource use. The University of Edinburgh
• The Waste Management Plan for a Circular Economy, which will run over the course of six years, recommends a €40 million state investment and encourages increased waste prevention, more recycling, and improved reuse and repair practices. Clare FM
• By transitioning to a circular economy, where Ontario increasingly reuses and recycles the resources it already has, we have the opportunity to be leaders of a global movement toward a more sustainable model with significant economic, social and environmental benefits. Ontario.ca
• The Mega Green Accelerator will be open to startups in the MENA region focusing on circular economy solutions, clean energy transition and climate mitigation technologies, including water and agriculture. Hotel News Middle East
• With the assistance of the European Commission, Asian countries are supported to transition toward low-carbon, resource-efficient, and more circular economies that contribute to poverty reduction and economic opportunities. SEADS
• By 2030, BASF said it aims to double its sales generated with circular economy solutions to €17bn. Just Style
• The Scottish Government is progressing efforts to drive a circular economy in Scotland with the Circular Economy Bill and a Route Map to 2025 set to be laid in parliament later in 2023. HeraldScotland
• Enhanced Resilience By diversifying production techniques and materials used, a circular economy can make businesses more resilient to disruptions such as natural disasters or global supply chain disruptions. TechBullion
• By repurposing electric vehicle batteries, VinFast expects to not only generate significant value in the circular economy model but also promote an innovative approach to enable sustainable transportation development and emissions-free economic growth in Vietnam and globally. MarketScreener
• The University of Sydney will share in $40 million granted by the Australian Government to combat the plastic waste crisis and create a circular economy that gives financial value to end-of-life plastics. The University of Sydney
• As well as being good for the environment, a fully circular economy could create up to 30,000 new jobs and deliver annual savings of up to £1.9 billion in materials costs alone. WRAP
• The European Commission is determined to address the challenge of plastic waste, with a comprehensive strategy and targets that will transform Europe's plastic waste management and help the transition to a circular economy. Innovation News Network
• India will launch a biofuel alliance to help countries meet their energy needs while also empowering a planet-friendly circular economy. Washington Examiner
• 'sustainable and environmentally friendly materials' will be used to develop energy-efficient systems in line with its Now and Next sustainability strategy, which aspires to reduce current environmental impact and looks towards a transition into a circular economy. Packaging Europe
• Go Rewise is at the forefront of building a green supply chain for India, with a bold objective to recycle 25% of India's PET bottle waste by 2025 and create a circular economy. ThePrint
• The Glasgow business community is dedicated to reducing carbon and creating a circular economy that will thrive in the net-zero future. What's On Glasgow

Last updated: 14 April 2024