Circular Economy | Waste Reduction Week in Canada

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Circular Economy

The 2019 Completing the Picture: How the Circular Economy Tackles Climate report change gave us insights as to why it is necessary to tackle emissions in order to preserve our planet from the projected devastating effects of climate change. 

It is a joint effort and will require the collaboration of governments, investors, businesses, right down to the cosumers. The possibilities are endless if we are able to design systems with the identity of circular principles in mind. 

In the unprecedented response to the Covid-19 pandemic, trillions in economic stimulus have been made available around the world, while the calls for a recovery that is in alignment with other global challenges, have never been louder. Many see a rare opportunity beyond the pandemic, to build a resilient and low carbon economic recovery.

During this online presentation from the City of Toronto for Waste Reduction Week in Canada 2020, you will learn about the circular economy and its associated concepts. By the end of the presentation, you will be able to confidently explain the concept to your best friend and have some inspiring ideas about how to make your life more circular. You will also hear about what the City of Toronto is doing to support a circular economy, including using food scraps to power garbage trucks and heat buildings! 

 

The circular economy emphasizes reuse, share, repair, refurbish, remanufacture, and recycling for a closed-loop system.

By implementing circular economy principles, we can minimize the use of virgin resources in production and design; and reduce waste, pollution, and carbon emissions.

Container reuse programs focus on circular supplies, which supports recyclable resource inputs to support circular production; and resource recovery, which maximizes the economic value of product return flows.

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But by redesigning production and consumption systems, the circular economy can play a crucial role in tackling these challenges, and achieving the other SDGs. The circular economy is about looking for solutions that address the root causes of challenges, not the symptoms; it’s about eliminating waste, not simply managing it better or cleaning up; it’s about using materials and resources rather than using them up; and it is about regenerating our natural world, rather just trying to reduce the damage we do.

There is no future for business as usual. Our current economic system, which arguably has succeeded in creating unprecedented economic output, wealth and human welfare over the past 70 years, has led to exacerbated social inequalities and loss of nature at an extent that threatens the stability of our economies and societies – and could maybe even lead to a collapse of civilisation as we know it.

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