One thing the circular economy should not be confused with is some sort of perpetual gadget machine in which stuff is made and remade with nary a loss or impediment, with nothing new or unsullied: a place where eager businesses recover their products and magic them back to life for their customers with no waste.
Life is network based. Millions of years of evolution have allowed the natural world to develop what can be argued to be the most tried, tested and optimized protocols in existence: biological networks. The ability for Internet of Things (IoT) market stakeholders to interpret and effectively apply principles derived from
There is a consensus opinion that a rapid increase in the number of connected devices will play a role in reshaping the global economy over the next couple of decades. A McKinsey report has predicted that the number of internet-connected devices could grow to as much as 50 billion by
Earlier today, the report The New Plastics Economy: Rethinking the future of plastics was published; a collaboration between the Ellen MacArthur Foundation, World Economic Forum and McKinsey and Company. The new study is the first of its kind, investigating the application of the circular economy framework to global flows of plastic packaging. For
Plastics are high-performing, multi-application materials that have become an iconic feature of the modern industrial economy – for better, and worse. A symbol of rising living standards and domestic bliss in the 1950s, the material has gradually attracted more criticism as volumes rose and problematic waste ensued. The big question
The foundation of a prosperous global economy is an energy system that is reliable, resilient and accessible. Today, more than two billion people living without secure access to power, while increasing urbanisation, extreme weather events place current infrastructures under increasing strain.
Much of the discussion at this week’s COP21 summit in Paris will focus on the important topics of renewable energy development, energy efficiency, carbon pricing and the reduction of fossil fuel subsidies. What currently might be under-represented is the circular economy framework, which should be central to the debate given
While the transition to a circular economy is underway, the recovery of metals and minerals from existing and future ‘above-ground’ resources or waste materials forms a key part of the economic opportunity presented in this new framework.