Circular Economy: Invest in sustainability for economic growth
"A circular economy is an industrial system restorative by intention and design. It replaces the end-of-life concept with restoration, shifts towards the use of renewable energy, eliminates the use of toxic chemicals, which impair reuse and return to the biosphere and aims for the elimination of waste through the superior design of materials, products, systems, and business models.” World Economic Forum definition of CE.

Circular economy is an economic system where materials and energy circulate in loops and stay within the value chain, as opposed to a linear system of take-make-dispose. In a circular economy the concept of waste is eliminated—material value is reused, recycled, and repurposed. Ideally, a circular economy would run wholly on renewable energy.

The Ellen Macarthur Foundation lays down the following three principles for circular economy: 8 • Design out waste and pollution • Keep products and materials in use • Regenerate natural systems Sustainability issues like climate change, pollution, malnutrition, and unemployment are urgent, and can’t be solved by incremental actions, that fail to nudge the system from status quo. The Circular economy principles provide a framework and means to transform the system and to address these issues.

This session aims to bring other two significant aspects of CE technology & Finance with their ways to sync in to increase adoption and demand of such environment-friendly ecosystems at industrial and institutional levels via the commercialisation of featured Technologies, Products and services for tomorrow.



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Presented by
Lanyard & Kit Partner*
Lynkit
Scientific ConfEx Partner*
DRIIV Delhi
COP26 EV Rally Partner
NHEV
Government & Institutional Support*

 

 

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