29 June 2021; 10:00-11:45 (CEST)
Over time, circular economy has gained traction among a broad range of stakeholders. Circular economy is an alternative to the traditional linear economic model where resources are kept in use for as long as possible, maximum value is extracted from them, and waste is relocated from the end of the supply chain to the beginning, giving the used materials a new life. The concept is also indispensable for the global action on climate change. In fact, actions related to circular economy and climate change are seen as complementary and mutually reinforcing.
UNIDO, together with its Member States, is already working on addressing various circular economy building blocks in its initiatives. Some of its projects support resource efficient and cleaner manufacturing of products, others help develop safe, easy-to-recycle products with longer lifetimes, while a number of others deal with the recovery or safe disposal of resources at the end of a product's lifecycle. UNIDO also promotes industrial energy efficiency and the use of renewable energy for productive uses by optimizing energy systems, developing international energy management standards, and bringing sustainable energy solutions to industries.
The session aims to provide a deeper understanding of the relevance of circular economy and a carbon neutral industry and how they could be leveraged to achieve the SDGs in a greener recovery from the COVID-19 crisis. The divergent lens of international organizations, national Governments, business and financial sectors will facilitate exchanges of views among stakeholders and identification of effective measures towards creating and operationalizing enabling environments for a fundamental paradigm shift, including through policies, new technologies, finances and partnerships.
CTCN Director Dr. Rose Mwebaza will be presenting the CTCN vision and activities on circular economy.