Accelerating transition to a Circular Economy. Circular Automotive Conference, Bratislava, Slovakia 7 November 2017

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1 Accelerating transition to a Circular Economy Circular Automotive Conference, Bratislava, Slovakia 7 November 2017

2 Why a Circular Economy? The Value at Stake Wasted resources Material and energy that cannot be continually regenerated Wasted capacity Underutilized or unused products and assets Introduce renewable and bio-based materials, chemicals and energy $1.7trillion Sourcing Manufacturing Logistics Increase sharing, co-owning, co-using, resource pooling, etc. Marketing & Sales $0.6 trillion Wasted embedded values Components, material and energy not recovered at disposal Product Use Increase recycling, upcycling, component harvesting and energy recovery Reverse Logistics End of Life Disposal Wasted lifecycles Premature end of working life of products Lifecycle services for resell, maintain, repair, remanufacture, etc. $1.3 trillion $0.9 trillion Source: Waste to Wealth, Accenture, 2015

3 A global public-private collaboration to flip the system of linear resource use A global public-private collaboration for action to decouple resource use from growth, creating systems change at speed and scale Collaboration Grow the movement for change by engaging businesses, policy makers, thought leaders and innovators in a global leadership network Knowledge Exchange Exchange expertise and connect with peers to advance business models, 4IR technology innovations, design solutions and policy approaches for the circular economy Action Initiate prototype projects to advance the circular economy and replicate blueprints of success 3

4 Four regional programmes already in action Projects E-Waste Alliance in collaboration with Philips, Dell, HP, Microsoft, GEF & public sector Green industrial transformation with the Made in Africa Initiative and C&H Garments Alliance Partnership with the Government of Rwanda African Alliance on the Circular Economy to create a network of leaders and experts Projects Understanding the sharing economy in collaboration with MIT Senseable Cities Lab, Airbnb and Didi Alliance Partnership with the China Council for International Cooperation on Environment & Development (CCICED) and Guangzhou municipality Alliance Building of the regional alliance in collaboration with the Inter-American Development Bank through the Multilateral Investment Fund (MIF), EMF, Triciclos and relevant public sector partners to support the creation of a regional CE ecosystem. Project Development of the European Circular Finance Collective, led by ING, as a funding platform for circular economy innovation 4

5 Supported by a digital platform DIGITAL COLLABORATION PLATFORM Sharing of activities, latest reports or best practice examples with a community of global circular economy leaders Connecting with other members and potential (project) partners or allies 3 Attending circular economy related events and activities posted by the Forum and other partners 4 4 Receiving updates of projects and regional activities on specific sub-sites 5

6 Applications for leveraging the circular economy approach Sustainable Production Develop and supply renewable and/or fully recyclable input material to replace or supplement raw materials, as well as utilize clean energy in production. Recovery & Recycling Sharing Platform Drive up utilization rate of products by making possible shared use / access / ownership Product as a Service Offer product access rather than ownership where supplier take responsibility for product lifecycle management Recover useful resources from disposed products and put back into production through return chain, reprocessing and re/upcycling Product Life-Extension Extend working life of products through repairs, maintenance, second hand, donations, etc. Source: Waste to Wealth, Accenture,

7 Spotlight on Public sector Leadership Policy initiatives, driven at a local, regional or national level, are hugely successful in driving circular economy progress. Leading examples include: The Scottish Government Winner, The Circulars 2017 Making Things Last strategy applied to Scotland business and public sector Industry specific focus relevant to Scottish industry strengths Quantified impact: 180m in savings, 32,000 tons diverted from landfill China Association of Circular Economy Runner Up, The Circulars member strong organisation driving circular policy in China Focus on specific industrial chains in specific regions Circular economy is now embedded into China s Five-Year plan The Netherlands A country leading the way in circular economy Clear government strategy and backing gives confidence to business, finance and policy to drive the circular economy Wide range of circular economy initiatives, notably Circular Hotspot and Circle Economy Clear and measurable success 69 entries to The Circulars since 2015