The Circularity Gap Report 2023 was presented in Amsterdam during the World Economic Forum in mid-January. Unfortunately the news is not good. Circularity has fallen from 9.1 percent in 2018 to 7.2 percent today. That means proportionatly less raw materials are entering the circular economy when we need that figure to grow.
According to the report, over the last six years the global economy has consumed almost as many materials as over the course of the entire 20th century. The report was compiled by by impact organisation Circle Economy, in collaboration with Deloitte.
What do we need to do?
- cut material extraction by 30 percent
- transition from fossil fuels to renewable energy
- lower demand for high mineral volumes in construction
- switching to a circular economy
- repurposing exisiting buildings and infrastructure
- transitioning to a circular food system
- investing in cycle paths and walkways,
- electrifying public transport and logistics vehicles
- encouraging remote working
- adopting circular manufacturing methods
- extending the lifespan of machines
And by sharing ideas!
Read the full Circularity Gap Report 2023.
See also Circularity Gap Report 2021.