The 1.5 target of the Paris agreement can only be achieved by combining circular approaches with the current efforts on renewable energy and energy efficiency (UNEP2022)
A circular economy can be definite as maximizing the circulation of products, components and materials and the value bound to them as much as possible in the economy. This goes beyond environmental benefits and creates real economic and social benefits too.
More circular economy could cut cumulative emissions from heavy industry by 56% by 2050 in the EU, and 45% of cumulative emissions from the steel, cement, plastic and aluminum products globally. Additionally, service-based business models, where buildings, tools and vehicles which sit idle for 90% of the time are unlocked for others to use, are another huge opportunity to boost profits and reduce emissions simultaneously Source.
The UNEP circularity platform hosts UNEP key resources on building circularity
Credit: Jenny Parkins /