Peter Mitchell (Waste and Resources Action Programme)
- 1. CIRCULAR ECONOMY Peter Mitchell (Waste and Resources Action Programme )
- 2. Circular Economy Peter Mitchell Head of Market Economics, WRAP Collaboration for Sustainable Lifestyles through Business and Social Innovations, Berlin, Nov 2013
- 3. Economic opportunity By 2030 McKinsey estimate that circular business models will be operating in markets with a value of over £16 Trillion (global) A circular economy approach in Europe could save £200 - £400 billion a year UK businesses could save £23 billion from no/low cost resource efficiency measures Collaboration for Sustainable Lifestyles through Business and Social Innovations, Berlin, Nov 2013
- 4. Making a difference Minimise the environmental impacts of production and consumption prevents resources being wasted increases resource productivity enhances resilience and competitiveness reduces risks from resource scarcity Collaboration for Sustainable Lifestyles through Business and Social Innovations, Berlin, Nov 2013
- 5. Sustainable approach Collaboration for Sustainable Lifestyles through Business and Social Innovations, Berlin, Nov 2013
- 6. Vision for circular economy Million tonnes 2010 2020 Change Materials in 540 510 -30 Waste 260 210 -50 Materials back in 120 140 +20 +10,000 jobs through increased recycling and re-use >£50 billion in cost savings to business Collaboration for Sustainable Lifestyles through Business and Social Innovations, Berlin, Nov 2013
- 7. Circular economy ‘We can’t solve problems by using the same kind of thinking we used when we created them’ - Einstein Collaboration for Sustainable Lifestyles through Business and Social Innovations, Berlin, Nov 2013
Editor's Notes
- #4: MGI Resource Revolution – products considered???? EMF report looked at circular economy approach to design and use of cars, vans, washing machines and mobile phones.
- #6: Estimates suggest that technological efficiency would have to increase by a factor of 130
- #7: Focus on the losses from the economy and the value of the losses including the cost of disposal