Circular Economy 4 Sustainable Development describes our goal:
It is about the further development of the global economy and society:
Future generations must be able to live from the resources of our earth.
Initiatives for the change to a circular economy are increasing. The World Economic Forum and the Ellen MacArthur Foundation are the most prominent pioneers. Finland is so far the only country to progressively implement a Circular Economy Roadmap for its economy. Progressive cities like Amsterdam are following CE concepts. With the “Green Deal”, the EU Commission is pointing the way to the Circular Economy in many sectors. Blackrock set up the first Circular Economy Fund with € 900 million.
Emerging economies in developing and emerging countries can be made more sustainable early in their growth. The first funds such as “Equity for Africa” have been established to support leasing as a business model. The German waste management industry takes a first step with the founding of the CE4Africa association. International development cooperation is slowly beginning to understand the potential for value creation, employment, prospects and fast, sustainable economic growth. The Kreditanstalt für Wiederaufbau (KfW), for example, points to potential.