In collaboration with the Ellen MacArthur Foundation
Horses for Courses | Circular Economy: one size does not fit all
Embedding circular economy strategies into recovery plans is vital. The concept and application of circular economy continues to gain momentum. There is a growing awareness that most industries follow a “take-make-waste” linear model and thus lack a strong focus on repair, reuse, and recycling.
This document intends to show that inner-loop circular strategies, such as those that focus on maintenance, reuse and extension of a product’s life, are crucial and are in fact more important in specific sectors and for certain activities.
The circular economy can help meet global climate targets by transforming the way we produce and use goods.
This paper is intended as an initial exploration rather than a detailed analysis of any individual aspect of finance. Its purpose is to stimulate discussion about how the financial services sector can help scale the circular economy to drive new and better growth that is more distributed, diverse and inclusive, and help build an economy that is restorative and regenerative by design.