is a multi-stakeholder, industry-led, cross-value chain collaboration platform which aims to tackle plastic packaging waste and pollution by bringing together businesses, government, non-governmental organizations and other key actors in the local plastics value chain. The Government of Canada has taken a global leadership role in tackling plastic waste, including through the launch of the Ocean Plastics Charter in 2018 and the Canada-wide Strategy and Action Plan on Zero Plastic Waste (with the Canadian Council of Ministers of the Environment). There are two key problems with this, one social and the other economic. Provides advice and connections between policymakers, industry, and the community on ways to improve global and local resource management. Exclusive digest of leaders' insights on Canadian themes and forces shaping the future economy. 1. Lays the groundwork to ensure plastics are designed for reuse and recycling. Too many subscribe attempts for this email address. A circular economy keeps materials, products, and services in circulation for as long possible. This strategy was built on the Ocean Plastics Charter and takes a circular economy approach to plastics, providing a framework for action. The linear economy refers to our current economic model where we extract our planets finite natural resources, make them into something of use, and then dispose of these resources after use (sometimes after no more than a single use). Rethink waste and create a circular economy culture. Outlines areas where changes are needed across the plastic lifecycle, from design to collection, clean-up, and value recovery, and underscores the economic and business opportunities resulting from long-lasting and durable plastics. In a circular economy, nothing is waste. The Circular Economy Evolution. DyeCoo. It aims to effectively design out waste. It creates business opportunities and protects the environment, by keeping valuable resources and materials in the economy. Circular Innovation Council, one of Canada's leading environmental non-profit organizations dedicated to advancing the circular economy, has launched Circular Economy Month, Canada's first-ever public awareness month dedicated to educating and engaging Canadians on transitioning to a circular economy.. They're the largest paper recycling firm in Canada offering Canadians a closed-loop system. To add to the negative environmental impacts, the linear economy presents enormous lost economic opportunities from failing to recapture the value of these material resources. We extract natural resources from the earth, process them, use them to manufacture goods, then use those goods and throw them into a landfill when we're done. The circular economy is about prosperity in a world of finite resources, bending economic activities into harmony with nature so that growth does not result in environmental degradation. The MarketWatch News Department was not involved in the creation of this content. Across the country, we are seeing clusters of activity and new initiatives, including battery recycling in BC, advanced recycling technology and infrastructure in Alberta for circular plastics, an aspiring circular food system economy in Ontario and a circular construction lab in Qubec. Plan an Event Engage your workplace, community, or school in the circular economy by planning an event. And BC has an advantage with a supply of sustainable wood products here at home," explained Paul Shorthouse, managing director for Circular Economy Leadership Canada and led the completion of the recent report Circular Economy & The Built Environment Sector in Canada. Its about keeping valuable resources and materials in the economy and out of the environmentand it just makes sense. Systems change is difficult. What is a circular economy? Circularity has the ability to improve the value of natural resources, reduce carbon emissions, and eliminate waste. In a circular economy, products are made to last longer, communities share resources and save money, and businesses are maintaining, reusing, remanufacturing and recycling materials to create more value for you and future generations. The circular economy presents a potential solution. Circular Economy vs Linear Economy. use recycled material. Like what youre reading? The Council of Canadian Academies (CCA) has released its latest report, Turning Point, requested by Environment and Climate Change Canada (ECCC), and informed by the Expert Panel on the Circular Economy in Canada, a multidisciplinary group of 16 experts from across Canada and abroad. Similar to the global picture, however, the sector is also one of the most wasteful. These businesses are finding new ways to recycle valuable metals and alloys and reuse materials, (like plastics) parts, and components while also increasing their bottom line. Rethink: Reduce resource consumption and design out waste, harmful chemicals, and pollution from products and services. The Council of Canadian Academies (CCA) has released its latest report, Turning Point, requested by Environment and Climate Change Canada (ECCC), and informed by the Expert Panel on the Circular Economy in Canada, a multidisciplinary group of 16 experts from across Canada and abroad. And the best part? Turning Point explores what a circular economy is, how it works, and what it could mean for Canada. This movement has been building momentum as governments, businesses and individuals embrace more circular approaches. It is also looking to bring forward Right to Repair legislation to extend the life of certain electrical goods, requiring them to be repairable for an extended period of time and that manufacturers and retailers make spare parts available for that period. Today, the American economy is mostly linear. Circular Economy Alliance Australia was conceived and established with a mission of bringing together experts, practitioners, leaders, . COURSE OVERVIEW. We invite you to subscribe to our monthly newsletter to learn more and keep up to date with news in the field. We believe that the Circular Economy can realign production and . connects Canadas circular economy community and serves as a bridge to similar networks around the world. Seeks to re-imagine the idea of mine tailings and waste within the circular economy paradigm. The CE Solutions Series is presented by CELC and powered by GLOBE Series. For Canada to meet its net-zero emissions target by 2050, we need to make significant shifts in how we do business. We need to head toward net-zero, and quickly. Engaging businesses and their associations . The circular economy concept emerged in the 70s and has been gaining momentum among economists, governments and corporate . 62% of global greenhouse gas emissions are released during the extraction, processing, and manufacturing of goods to serve society's needs; 38% are emitted in the delivery and use of products and services. Content will be added throughout each week, so make sure to come back for updates! Its having a positive impact on industries in Canada and around the world. It can scale fast across industries to create value and jobs, while increasing the resilience of supply chains and delivering massive economic growth potential, estimated at 1.8 trillion EUR a year in Europe alone. Includes transition to a circular economy through procuring goods and services with a reduced environmental impact, life-cycle assessment, and clean technologies. Creating a circular economy one that eliminates waste and pollution . Free of charge, open to all. The Government of Canada is working to support the efforts of the many Canadians already participating in the circular economy, while also growing other circular strategies to create new economic opportunities and a more sustainable and resilient economy. CEC's mission is to bring the circular economy to every corner of the world. In Canada, nearly 4 million tonnes of construction materials are sent to landfill annually, representing an estimated 1.8 million tonnes of embodied carbon. The City of Guelph and the County of Wellington are also paving the way for circular economies in Canada. The circular economy is a different way of doing business. This solution extends beyond reducing trash in landfills, reusing products and recycling plastics. At CPP, we have 90 partners from across the entire plastics value chain working together to tackle the root causes of plastics pollution, guided by a strategic Roadmap to 2025. By signing the Charter, partners commit to a more resource-efficient and lifecycle approach to plastics stewardship on land and at sea. "As Ghana seeks to diversify its economy, create export . ACCRA, 7 June 2022 - The United Nations Industrial Development Organization (UNIDO), Global Affairs Canada and the Government of Ghana, through the Ministry of Environment, Science, Technology & Innovation (MESTI), have launched the Ghana Circular Economy Centre Project to support the country's just transition to a circular economy. For decades, Circular Innovation Council has engaged Canadians from coast to coast to coast to better understand the issues of waste and the opportunities they have to accelerate our transition to a circular economy. The circular economy model presents a solution, with actionable business strategies for moving away from our linear economy. During the yarn spinning process, they create a circular economy. Extending Waste Reduction Week in Canada the country's most successful . Circular Innovation Council believes solutions for greater resource efficiency is to advance the circular economy, which decouples economic activity from production and consumption of finite resources. Extending Waste Reduction Week in Canadathe nation's most successful waste . In Canada, if we improve how we manage plastic waste through the circular economy, by 2030, we can. (according to Accenture Strategies) The circular economy presents a potential solution. Accelerating the Circular Economy Through Procurement. The circular economy retains and recovers as much value as possible from resources by reusing, repairing, refurbishing, remanufacturing, repurposing, or recycling products and materials. But Dutch company DyeCoo has developed a process of dyeing cloth that uses no water at all, and no chemicals other than the dyes themselves. A plastics circular economy in Canada would: recirculate plastics, to either displace the demand for raw materials or to be consumed as nutrients in living systems without harm; use renewable energy to power each life-cycle stage of plastic Canadian businesses are seizing circular economy opportunities to: design products for a longer life. We are inclusive and collaborative among supply and value chains; and seek to advance circular business models, products, and services that . In a circular economy, nothing is waste. The Government of Canada has taken a global leadership role in tackling plastic waste,. The CEC is the global circular economy network with +280 CEC local clubs in 140 countries. We can't wait to show you how you've helped our impact grow over the past year Join the live stream on November 1 at 7:00 pm . Circular Economy Month | Waste Reduction Week in Canada | 356 followers on LinkedIn. Funding opportunities for individuals or businesses. Our CE Solutions Series brings together leaders and innovators in the public and private sectors to address challenges and capitalize on the economic opportunities. Week 3: Waste Reduction Week in Canada . A plastics circular economy keeps plastics out of the environment and in the economy. A traditional economy Traditional Economy A traditional economy is a system where goods production and distribution are driven by time-honored beliefs, customs, culture, and traditions. Catalyzes global leadership from business, government and civil society to accelerate the transition to a circular economy. A Circular Economy is an economy in which participants strive to: minimize the use of raw materials; . As individuals, we can use circular economy principles to cut our waste and save money by reusing or repairing items, or by using sharing services like tool libraries or car sharing. You have successfully subscribed to our mail list. Everything from clothing, to electronics, to toothbrushes! Analysis of 222 European companies across 14 industries has highlighted that the more circular a company is, the lower its risk of default on debt over both a one-year and five-year time horizon. Capterra Canada has launched its latest research study of over 1,000 Canadian consumers on the topic of the circular economy. From coast to coast, we are seeing new technologies and innovative ideas that: increase resource productivity. Circular Economy Leadership Canada (CELC) is working to make Canada a world leader in building a sustainable, prosperous circular economy that benefits people and planet. 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