The "circular economy" is a significant source of benefits: recover the value of objects which had lost their value and bypass the linear "extract-manufacture-dispose" logic, which leads to the never-ending use of resources. On this basis, only 1 billion, out of the 4 billion tons of waste produced each year around the world, is re-used. On a planetary scale, barely 2% of wastewater is re-used.
With this "other" economy based on re-use and re-creation - forming loops in material, water and energy cycles - we can construct an economy to the benefit of mankind, without damaging the environment, an economy with a reduced impact on nature and a greater social impact.
For another year at Davos, the circular economy and the fight against climate change were at the heart of exchanges.
Part of the World Economic Forum’s Circular Economy initiative, Project MainStream is run in collaboration with the Ellen MacArthur Foundation and McKinsey & Company as the knowledge partner. It aims to tackle ways of scaling the circular economy through materials management, information technology and business model innovation, among others.
See the news about the project MainStream
Read Antoine Frérot's speech on the World Economic Forum blog.
 Sources: European Union’s Resource Efficiency Platform