March 02, 2012 3302 VIEWS
Proshare

March 2, 2012 / Felix Preston,/


Click Here To Download Report

  1. A fundamentally new model of industrial organization is needed to de-link rising prosperity from resource consumption growth – one that goes beyond incremental efficiency gains to deliver transformative change.
     
  2. A 'circular economy' (CE) is an approach that would transform the function of resources in the economy. Waste from factories would become a valuable input to another process – and products could be repaired, reused or upgraded instead of thrown away.
     
  3. In a world of high and volatile resource prices, a CE offers huge business opportunities. Pioneering companies are leading the way on a CE, but to drive broader change it is critical to collect and share data, spread best practice, invest in innovation and encourage business-to-business collaboration.
     
  4. Policy-makers should focus on accelerating transition to a CE in a timescale consistent with the response to climate change, water scarcity and other global challenges. Smart regulation can reward private-sector leadership and align incentives along the supply chain – for example, to deliver a step-change in remanufacturing rates.
     
  5. Resource consumption targets that reflect environmental constraints should be considered at a global level. Coordination of national policies would help create a level playing field across major markets, easing competitiveness concerns and reducing the costs of implementation.

 

Click Here To Download Report

Related Articles
March 02, 2012 2417 VIEWS
Proshare
February 21, 2012 3338 VIEWS
Proshare
February 20, 2012 4663 VIEWS
Proshare
SCROLL TO TOP