The Global Edition of Recycling Today published recently a piece on Circular Economy, titled “Commentary: Circular Economy from Project to Concept“. The commentary is based on the recent ISWA’s event on circular economy in Brussels and it presents ISWA’s ground-breaking reports on Resource Management, as well as views by Bjorn Appleqvist, Chairman of ISWA’s Working Group on Recycling and Waste Minimisation and me. The video below presents briefly ISWA’s concept on Circular Economy.
This is a characteristic excerpt from the commentary that reflects the issues discussed.
“The circular economy challenges the status quo, is disruptive and contains major business risks. Unless the economic drivers for that change are clear companies will not adopt it. Commodity prices are, however, unpredictable and although the price spike between 2000 and 2010 is clear, whether or not we have reached a genuine tipping point, caused by global demand is still challenged.
The unexpected fall in oil, copper, gold and iron ore prices late in 2014 has fuelled this debate. Oil prices in December 2014 had fallen by 40%, gold by 30%. In this light, it is fair to ask whether the idea of the circular economy was no more than an environmental fad and a political spin or if there is real and long-term substance behind the circular economy approach?”. Read more here.
You can find all ISWA’s reports on Resource Management here.