Search History
Clear History
{{item.search_key}}
Hot Searches
Change
{{item.name}}
{{item.english_name}}
Subscribe eNews
Once A Week Once Every Two Weeks
{{sum}}
Login Register

Applications

Amcor and AVON launch AmPrima Plus refill pouch for shower gels

Covestro’s Makrolon RE chosen for TV box housing

Aduro Clean Technologies studies on recycling hard-to-recycle crosslinked polymer

Products

MOL inaugurates EUR 1.3 billion polyol complex in Hungary

Lubrizol launches new bio-based TPU for hot melts and extrusion

Milliken’s calling card: PP as high performance replacement for PS

Activities

  • Round Table at Fakuma 2023: “Plastic – Recyclable Rather Than Problem Material!”

  • ArabPlast 2023 – The Success Journey Continues………..

  • GREAT NEWS! INAPA 2023 IS COMING BACK 24 - 26 May 2023 at JIExpo Jakarta, Indonesia

Pictorial

Industry And Market

ASEAN: The Next Manufacturing Hub

Innovative and Sustainable Packaging

Recycling and Circular Economy

Exhibition And Conference

CHINA FOCUS

K 2022 FOCUS

CHINAPLAS

CHINAPLAS 2024 Focus

CHINAPLAS 2023 Focus

News Videos

TechHub@CPRJ: Rongsheng Petrochemical at CHINAPLAS 2024

TechHub@CPRJ: CHOVYTING Machinery at CHINAPLAS 2024

United Caps: Sustainable and innovative design of bottle caps

Conference Videos

【Mandarin session:Webinar playback】Asahi Kasei: How to solve the black spots in plastic molding

【Mandarin session:Webinar playback】The Digital Challenge. SACMI at CHINAPLAS 2024 See your future manufacturing today

【Mandarin session:Webinar playback】Innovative solutions from WINTEC and Piovan in the new market situation

Product Videos

Demonstration video of dual color injection molding machine, US270

Demonstration video of ZJ series double template injection molding machine

Baofeng Energy is a leading enterprise in the coal-based new materials industry chain

Exhibition

Playback TECHHUB@CPRJ Live Streaming for CHINAPLAS

Events

Playback 5th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase

Home > News > Focus

Circle Economy study: Cutting material consumption by 30% to tackle climate change

Source:Adsale Plastics Network Date :2023-01-19 Editor :JK

According to the recent Circularity Gap Report 2023 launched by impact organization Circle Economy and Deloitte at the World Economic Forum, reducing global material use through circular solutions, such as reuse, repair, and recycling of items, can limit global warming to 2 degrees and bring human activities back within safe planetary boundaries.

 

The global economy is measured to be 7.2% circular today, dropping from 9.1% in 2018 when Circle Economy first calculated the figure. It means that of the landmark 100 billion tonnes of virgin materials extracted from Earth annually, only 7.2% make it back into the economy in the form of recycled materials.

 

The Circularity Gap Report 2023 found that over the past six years alone, the global economy has extracted and used almost as many materials as over the course of the entire 20th century.

 

Matthew Fraser, Head of Research and Development at Circle Economy, said that this low level of circularity "demonstrates how reliant the global economy is on new, virgin materials. There is huge potential to increase the global economy’s use of secondary materials."

 

Current linear processes don’t just sap the planet’s finite materials - they also produce tonnes of GHG emissions and waste, a considerable part of which can be prevented.


1_web.jpg

Circle Economy and Deloitte publish the Circularity Gap Report 2023.


The study stated that key societal needs such as nutrition and housing could be fulfilled with just 70% of the materials the world economy currently consumes. Crucially, cutting material extraction by 30% will hugely improve environmental health across land, sea and air.


The key to this reduction lies in the transition from fossil fuels to more renewable energy sources and lowering demand for high-volume minerals, such as sand and gravel, which are largely used for housing and infrastructure. In practice, it means boosting renewable energy and renovating old buildings and infrastructure instead of constructing new ones, in combination with other measures.

 

The most appropriate approaches will vary significantly between geographies given the just transition imperative acknowledged in the 2015 Paris Agreement.

 

The potential reduction of material use will look different across global regions, some like the USA and EU member states, must radically reduce their material extraction and use, as they currently consume 31% of materials. While others such as China will need to stabilise their material consumption. ‍

 

"The linear economy has a number of detrimental effects on the environment that significantly affect peoples' wellbeing. Our research shows that by adopting circular economy practices, we can cut material extraction, continue to prosper, and return to living within the safe limits of this planet,"’ pointed out Martijn Lopes Cardozo, CEO at Circle Economy.


2.png

This graph illustrates how key materials flow into different parts of the economy, including additions to stock and waste, and highlights where the circular strategies may be most appropriate. 


According to the Circularity Gap Report 2023, four key global systems account for the lion’s share of global emissions and waste - the Built environment, Food systems, Mobility and transport, and Manufactured goods and consumables.

 

16 ambitious circular economy solutions implemented across these systems can reverse the current overshoot of five planetary boundaries, ensuring safety for land, air and water and limiting global warming to below 2-degrees.

 

  • The food system now occupies roughly half of the habitable surface of the planet. It is responsible for one-third of global GHG emissions, 8–10% of which relate to the production of lost and wasted food.
    Transitioning to a circular food system would include cutting food waste by improving transport and storage management, supporting healthy soils to keep land arable for longer and focusing on local, seasonal and organic produce to reduce the need for toxic fertilizers, fuel and transportation. ‍

 

  • The built environment accounts for roughly 40% of global GHG emissions, with cement production alone contributing around 7% of the CO2 released into the atmosphere globally.
    Boosting building’s energy efficiency and repurposing existing building stock are just some of the ways this could be improved.

 

  • The mobility and transport system is a major driver of climate change and ocean acidification, responsible for approximately 25% of GHG emissions globally.
    In a circular mobility system, walking, cycling and remote work would be key, as would investment in high-quality public transport and a transition to electric vehicles.

 

  • Manufactured goods and consumables imply highly energy- and material-intensive industrial processes.
    The Circularity Gap Report 2023 estimates that over one-quarter of global solid waste generation is industrial waste. This could be improved with more sustainable fashion practices, promotion of responsible buying and extending the lifetime of machinery.

 Like 丨  {{details_info.likes_count}}
Recycling
Carbon neutral
 SACMI (SHANGHAI) MACHINERY EQUIPMENT CO., LTD.      
 JIANGXI ZHILIAN NEW MATERIALS CO., LTD      
 SHANDONGZHENHUAXINCAILIAOYOUXIANGONGSI      
 Jiangsu Aceretech Machinery Co., Ltd.      
 GUOHENG(DONG GUAN) PLASTIC TECHNOLOGY CO., LTD.      
 BATTENFELD-CINCINNATI (FOSHAN) EXTRUSION SYSTEMS LTD.      
 CHALLENGE WOLVES(FUJIAN)GARMENTS CO.,LTD      
 Huida mould      

The content you're trying to view is for members only. If you are currently a member, Please login to access this content.   Login

Leave Comment

Submit

All Comments

No Comment

{{VueShowUserOrCompany(itme.user)}}

{{ toolTimes(itme.updated_at,'s') }}

{{itme.body}}

Reply   
Submit
{{VueShowUserOrCompany(itmes.user)}} {{ toolTimes(itmes.updated_at,'s') }} Reply

{{itmes.body}}

Submit

Recommended Articles

Focus
Survey: What are the outlook and trends of Chinese plastics industry going global?
 2024-04-24
Focus
The wheels of sustainability in plastics has started turning
 2024-04-23
  victor 管理员
Focus
(Chemicals and Materials) Major plastics production hubs in China you should know
 2024-04-11
Focus
(Plastics Machinery) Major manufacture centers in China
 2024-04-11
Focus
(Guide) How to effectively source Chinese plastics machinery and plastic materials?
 2024-04-11
Focus
CPRJ Survey: Majority of respondents remain conservative on overseas expansion in 2024
 2024-03-01
    1   

You May Also Like

{{[item['category']['name'],item['category']['english_name']][lang]}}
{{VueShowUserOrCompany(item.author)}} {{VueShowDisplayName(item.author)}}
Sponsored
{{item.title}} {{item['summary']}}
{{itags.name}}
{{item.updated_at}}
 {{item.likes_count}}       {{item.comments_count}}

You May Be Interested In

Change

  • People
  • Company
loading... No Content
{{[item.truename,item.truename_english][lang]}} {{[item.company_name,item.company_name_english][lang]}} {{[item.job_name,item.name_english][lang]}}
{{[item.company_name,item.company_name_english][lang]}} Company Name    {{[item.display_name,item.display_name_english][lang]}}  

Polyurethane Investment Medical Carbon neutral Reduce cost and increase efficiency CHINAPLAS Financial reports rPET INEOS Styrolution Evonik Borouge Polystyrene (PS) mono-material Sustainability Circular economy BASF SABIC Multi-component injection molding machine All-electric injection molding machine Thermoforming machine
Top
Feedback
Chat
News
Market News
Applications
Products
Video
In Pictures
Specials
Activities
eBook
Front Line
Plastics Applications
Chemicals and Raw Material
Processing Technologies
Products
Injection
Extrusion
Auxiliary
Blow Molding
Mold
Hot Runner
Screw
Applications
Packaging
Automotive
Medical
Recycling
E&E
LED
Construction
Others
Events
Conference
Webinar
CHINAPLAS
CPS+
Official Publications
CPS eNews
Media Kit
Social Media
Facebook
Youtube