The circular economy combines the transition to a circular economy with reducing our carbon footprint. The benefits of a circular economy go beyond mitigation action alone, as it aims to make vital services like mobility, shelter, nutrition, available to more people at lower cost in financial, environmental and social terms.
By closing material cycles, extending the responsibility of producers beyond the point of sale, adjusting our tax systems and adjusting the way we identify greenhouse gas mitigation options, the circular economy can target emissions at their root causes. As such, it offers a promising pathway to a low-carbon society, which has made progress on a broad range of Sustainable Development Goals.
This recent article in WE Magazine (download) explains how global resource use is tied to greenhouse gas emissions. It provides a preview into the second Global Circularity Gap report, which will be published in January 2019. The second edition of the Global Circularity Gap report will go into more depth on the mass-value-carbon nexus, by connecting these three dimensions to identify global leverage points for a transition to a circular economy. From there, it goes into more detail on the circular economy opportunities in the build environment, capital goods and global efforts to mitigate climate change.
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