recycle

  • 27 July 2020

    CE and COVID-19

    By Alexandra Kekkonen – Tondo’s associate What have we learned about Circular Economy from COVID crisis? The massive disruption of the global value chains in the result of the measures taken by the governments to address the Covid-19 crisis has revealed the fragility of our lineal global economy model and productive arrangements linked to a single geographic location and a single supplier, high degree of dissolution of our innovation, production, supply and consumption systems. (Serada, 2020) It has raised the concerns about the resilience of our economies and led to intensification of such trends as diversification of sourcing and supplies, reshoring, developing strategic autonomy in the critical sectors, intensifying automation, transforming supply chains into more simple, digital, regional more transparent, facilitated by the new delivery modes and contactless innovations. The experiences obtained during the COVID 19 crisis have reaffirmed – there is a need of the great reset and building a more resilient, just, responsive and sustainable economies. Circular Economy is increasingly considered a valuable option allowing to collectively reimagine and redesign our systems to ensure an ecologically safe and socially just space for all. The circular economy also now has the opportunity and duty to further incorporate equality and resilience into this model.  Product design and product policy factors such as repairability, reusability and potential for remanufacturing offer considerable opportunities to enhance stock availability and, therefore, resilience. Rethinking business models in terms of the circular economy presents many opportunities to improve competitiveness, efficiency, innovation and sustainability including through facilitating an access to and shared use of underutilized products.  Circular supplies represent a model for developing components that are reusable and recyclable at the end of a product’s life.  Product life extension prolongs the useful life of a product through improved product design and long-term maintenance.   Resource recovery captures byproducts...
  • 30 March 2020

    Green Deal

    By Katsiaryna Serada – Research fellow & policy analyst at Tondo In December 2019, the EU launched a European Green Deal, a new sustainable economic growth strategy and policy agenda aimed at decoupling economic growth from the use of the primary natural resources and building a globally competitive, digitalized, low-carbon, climate – neutral, resource-efficient  economy. A new growth strategy underscores the importance of the twin transformation – green and digital – to increase the global competitiveness of the EU industry, benefit the consumers and protect the environment. Despite the sweeping adverse economic impacts of the quarantine measures to fight COVID-19 taken worldwide, the European Green Deal is likely to sustain the increasing political pressures of reprioritization. First, positive short-time effects of the reduction of the GHGs emissions due to the global economic slowdown are likely to be off-set by the rebound effect of the economic stimulus policy packages aimed at supporting the industries, therefore, the commitment to achieve climate policy targets and goals remains valid. Second, the European Green Deal is framed as an industrial and economic strategy aimed at “stimulating the development of lead markets for climate neutral and circular products, in the EU and beyond” and enhancing European Single Market. The implementation of the European Green Dean is supported with the new comprehensive EU policy package that includes new European Industrial Strategy, European Circular Economy Action Plan, Biodiversity Strategy, SME Strategy, Farm to Fork Strategy. The Commission’s European Green Deal Investment Plan (EGDIP), a renewed sustainable finance strategy, to be launched in the third quarter of 2020, is to further scale up sustainable finance to meet the investment needs of moving towards greener and more circular economy. However, the European Regional Development Fund, LIFE and Horizon Europe will complement private innovation funding and support bringing innovative solutions to...
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