Circular Economy at the World Economic Forum Circular Economy and Fashion

Global trends are driving the transition to the circular economy Resource constraints Price volatility at an all time high and depleting reserves Increasing demand 3bn new middle class consumers expected to enter the market by 2030 Environmental Degradation Social awareness and discontent with negative environmental impacts is increasing New type of consumer Shift in consumer attitudes towards access over ownership Shift in demographics Steady increase in the number of people living in cities Advances in technology Innovations in information/industrial technologies Mobilized government Carbon, energy & waste regulation becoming more favourable of circular setups

The value generated by a circular economy can be huge Materials Savings Potential US$1 trillion/ year Net Benefits US$500 million within 5 years Jobs Created 100’000 within 5 years Avoided/ valorized materials waste 100 million tons within 5 years Reduction in volume of products landfilled (EU) 80% for electronic and mobile devices 15% for motor vehicles and transport equipment 55% for machinery and equipment Reduction of industrial CO2 emissions from production in the above sectors (EU) 45-65%

The circular economy aims to decouple economic growth from resource constraints

Global Plastic Flows are Mostly Linier Accelerating CE: systems, platform, mutli-stakeholder MainStream: Industry driven, material flows

This Brings a Number of Negative Externalities Accelerating CE: systems, platform, mutli-stakeholder MainStream: Industry driven, material flows

Report Recommendations Improve after use economics Moon-shot innovation challenges Increase knowledge base Work across all stakeholder groups Accelerating CE: systems, platform, mutli-stakeholder MainStream: Industry driven, material flows

Circular Business Models for Plastic 1 Circular Business Models for Plastic 1. Improve the after-use economics of plastics Better collection systems Common labelling Common set of additives Wide spread industry and stake-holder mobilization 8 Accelerating CE: systems, platform, mutli-stakeholder MainStream: Industry driven, material flows

Circular Business Models for Plastic 2. Replace Accelerating CE: systems, platform, mutli-stakeholder MainStream: Industry driven, material flows

Circular Business Models for Plastic 3. Up-cycle Accelerating CE: systems, platform, mutli-stakeholder MainStream: Industry driven, material flows

Circular Business Models for Plastic 4. Take it out of the ocean Accelerating CE: systems, platform, mutli-stakeholder MainStream: Industry driven, material flows

Circular Business Models for Plastic 4.1Ocean plastic economics? Accelerating CE: systems, platform, mutli-stakeholder MainStream: Industry driven, material flows