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Circular Economy at the World Economic Forum

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Presentation on theme: "Circular Economy at the World Economic Forum"— Presentation transcript:

1 Circular Economy at the World Economic Forum
Circular Economy and Fashion

2 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

3 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%

4 The circular economy aims to decouple economic growth from resource constraints

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

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

7 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

8 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

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

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

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

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


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