The circular economy may not be taking off: Here are six ways stakeholders can make it happen

Around the world, governments and businesses are talking more and more about the need to move from today’s “take, make, waste” economy to a circular one, where products are designed to last, materials stay in use, and waste is dramatically reduced. On paper, the case is compelling: recent assessments show that shifting to a circular economy offers both a major climate opportunity and a significant economic one. A study from the European Commission’s Joint Research Centre finds that “reduction, reuse and recovery” measures could cut Europe’s heavy industrial emissions by up to 231 million tonnes of CO₂ each year, and global analyses estimate that circular models could generate around $4.5 trillion in value by 2030).

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