Moving towards a circular economy is good for the planet because put simply, these economies use fewer resources. Raw materials are only extracted when they’re really needed, are reused to the extent of their lifespan, and less waste is produced as a result. The model is inspired by nature and encourages sharing between others, trading, swapping and repairing existing items wherever possible instead of creating new things from scratch. To get you feeling inspired, here are some easy ways to make your everyday life more circular, less wasteful, and more economical!
Temporary reduction in daily global CO2 emissions during the COVID-19 forced confinement
Temporary Reduction in daily global CO2 emissions during the COVID-19 forced confinement. To Sustain the GHG reduction requires structural change in our economy especially in the sectors of Power (44.3%), Industry (22.4%) and Surface Transport (20.6%) accounting for 85% of the total reduction in global emissions.
Government action and economic incentives after the pandemic are likely to influence global carbon emissions for decades to come, according to this new peer-reviewed research and analysis published in Nature Climate Change on 19 May 2020.
Startups in Tokyo abandon offices amid coronavirus upheaval
TOKYO -- The operator of Machimachi, a social network for neighbors, on April 17 gave its landlord the required three-month notification that it intends to vacate an office near Tokyo's Shibuya Station.
Like other Japanese startups, Machimachi finds itself at the vanguard of a cost-cutting trend that centers around office space, made superfluous to some businesses by society's response to the novel coronavirus.
Nature Risk Rising: Why the Crisis Engulfing Nature Matters for Business and the Economy
Nature Risk Rising is published by the World Economic Forum in collaboration with PwC. It is the first in a series of reports from the New Nature Economy project.
The series of New Nature Economy (NNE) reports is being developed under the umbrella of the Nature Action Agenda, a platform for committed actors to join up ideas and efforts in the run-up to the UN Convention on Biological Diversity COP15 – in Kunming, China, in October 2020 – and in support of the related Business for Nature agenda. The NNE reports aim to contribute to the Agenda’s fact base, focusing on the business and economic case for action.
Over half of global GDP is moderately or highly dependent on nature, says a World Economic Forum report.
Businesses are more dependent on nature and biodiversity than they may realise, according to The New Nature Economy Report produced by the World Economic Forum (WEF). An analysis of 163 industry sectors and their supply chains found that more than half of the world's GDP is moderately or highly dependent on nature and its "services". Pollination, water quality and disease control are just three examples of the services that an ecosystem can provide. Economic value generation amounting to US$44 trillion -- over half the world's total GDP -- is moderately or highly dependent on nature and its services and, as a result, exposed to risks from nature loss. Construction ($4 trillion), agriculture ($2.5 trillion) and food and beverages ($1.4 trillion) are the three largest industries that depend most on nature. Combined, their value is roughly twice the size of the German economy.
A Framework for Developing a National Artificial Intelligence Strategy - Centre for Fourth Industrial Revolution
Over the past decade, artificial intelligence (AI) has emerged as the software engine that drives the Fourth Industrial Revolution, a technological force affecting all disciplines, economies and industries. The exponential growth in computing infrastructure combined with the dramatic reduction in the cost of obtaining, processing, storing and transmitting data has revolutionized the way software is developed, and automation is carried out. Put simply, we have moved from machine programming to machine learning. This transformation has created great opportunities but poses serious risks. Various stakeholders, including governments, corporations, academics and civil society organizations have been making efforts to exploit the benefits it provides and to prepare for the risks it poses. Because government is responsible for protecting citizens from various harms and providing for collective goods and services, it has a unique duty to ensure that the ongoing Fourth Industrial Revolution creates benefits for the many, rather than the few.
Construction products that must be procured off-site should, where possible, be reused from other demolished assets or, if that is not possible, manufactured from recycled resources. However, care should be taken to ensure that reused and recycled products do not cause unintended negative environmental and social consequences. For example, transporting reused products for far greater distances than local virgin products. LCA can greatly assist in identifying which options are beneficial overall.
Sustainable finance is performing well in the pandemic—but why?
Sustainable finance is not new. Early calls for economic transactions to incorporate environmental, social, or governance (ESG) issues can be traced back as far as the Holy Books. But it would have been difficult to divine the uptake of sustainable finance in recent times, largely achieved in the wake of the 2008 financial crisis and amid the Covid-19 pandemic.
The circular economy is hot. A growing number of entrepreneurs, policymakers and financiers use this term at every possible occasion, appropriately or not. But is it also happening? Because there is really only one criterion that decides whether the circular economy is a success: does it enhance sustainability?
IoT represents a powerful disruptive force because it is not merely a single technology, it is a foundation for capturing and analyzing data which will fuel future innovations and economic growth. In fact, several of the government’s Thailand 4.0 initiatives, such as Smart City and Industry 4.0, are focused on boosting adoption of IoT.
Thais started 2020 with a major lifestyle change. After many retail stores banned plastic bags throughout the country, Thais are now bringing reusable bags when they shop. This ban is the first of its kind in Southeast Asia and is a significant step forward in a country that consumes a large amount of plastic and ranks as one of the world’s top 10 marine plastic polluters.
NHSC votes to ban paraquat and chlorpyrifos in Thailand effective June 1st 2020
Twenty-four of the 28 members of the NHSC met today to discuss a proposal, from the Thai Chamber of Commerce, to delay the ban until the end of the year, claiming that it will affect the import of farm produce from the United States, where the two chemicals are still in controlled use.
Innovation and transformation are occurring at a speed never witnessed before as the digital revolution changes the way we live, work and interact. The power of information is clear as more decisions are based on data, while the application of artificial intelligence (AI) is starting to deliver significant value.
Meanwhile, global movements to protect the planet and operate responsibly continue to grow in importance. An undercurrent of de-globalisation continues to change the way countries and companies interact. Here's a look at some of the emerging trends and themes you can expect to take shape in 2020.
Mutant Enzyme Recycles Plastic in Hours, Could Revolutionize Recycling Industry
Scientists have engineered a mutant enzyme that converts 90 percent of plastic bottles back to pristine starting materials that can then be used to produce new high-quality bottles in just hours. The discovery could revolutionize the recycling industry, which currently saves about 30 percent of PET plastics from landfills, reported Science Magazine.
The Institute of Field Robotics (FIBO) under King Mongkut's University of Technology Thonburi has launched the FACO robotic series to care for Covid-19 patients in hospitals, lowering the risk of contracting the coronavirus among healthcare workers.
KMUTT students launch medical 'shields for heroes' project
Students at King Mongkut's University of Technology Thonburi (KMUTT) are making face shields from home to help hospitals nationwide combat the coronavirus outbreak as demand for medical supplies continues unabated.
Here's Why China Is Killing The Global Recycling Industry
China has been the leader of the recycling industry for over 30 years, importing materials more than any country in the world and making billions of dollars in the process. But recently, the Chinese government took a tougher stance on recycling, effectively disrupting the global recycling industry. More importantly, China's decision has caused major problems for many Western countries, since they were the ones exporting millions of tons of recyclable waste to China.
The International Institute for Environmental Studies has grown out of international collaborations among a number of universities around the globe that have leading programs in environmental science, engineering and policy.
Global Initiatives advances partnership solutions to global sustainability challenges through multi- stakeholder forums, communication and media. By sharing knowledge and best practices, and calling on all stakeholders to take action, we address some of the greatest challenges facing the world.
The Responsible Business Forum brings together leaders from businesses, governments, international agencies, financial institutions, academia and NGOs, to accelerate collaborative action for a more sustainable world.
The Sustainable Business Awards are held annually in Singapore, Indonesia and Malaysia with the aim to validate and recognise companies which are leading the way in sustainable business and which have truly instilled sustainability into their long term business strategy.
The world needs to shift away from the traditional linear economy towards a circular economy; one where food, energy and materials are produced and consumed more sustainably and all by-products and waste recycled or re-used. The convergence of expertise and knowledge in Science, Technology, Engineering, Arts and Mathematics (STEAM), coupled with life-cycle thinking, presents humanity with a unique opportunity to advance society while combating the degradation of our planet.
Circular economy inspires young people to change the world
"So many of my classmates and other friends say 'I want to change the world'. The amazing thing is that most of us believe we can." Max Hornick, a 26-year-old student at Western Michigan University, is reflecting on how the circular economy is inspiring young people to work for the social good.
Could the Circular Economy be the Solution to Youth Unemployment?
The Institute of Race Relations (IRR) has completed a new study on the benefits of the circular economy in South Africa.
Findings show that major economic and environmental benefits can be gained from turning 'waste into worth' - using the Recycling and Economic Development Initiative of South Africa (REDISA) as a case study as to how this has already successfully been realised.
Young people want to see the circular economy in practice
Young people in Finland are interested in the circular economy and other themes surrounding sustainable development, but prefer to see and experience things in practice instead of learning while confined to their desks.
On 9 May 2019, Dr Lerwen Liu and her team from STEAM Platform at KMUTT, Thailand demonstrated the unique "first principle" approach in educating others about Industry 4.0 and the Circular Economy through examples of research and innovation carried out by young scientists in KMUTT.
In this Our Changing Climate environmental video essay, I look at the environmental impact of plastic bags. Specifically, I look at how plastic bags affect oceans via microplastics, their carbon footprint, and I also try to understand whether reusable bags are viable alternatives.
Industrie 4.0 describes a fundamental process of innovation and transformation in industrial production. This transformation is driven by new forms of economic activity and work in global, digital ecosystems
Consider a world where everything just... works. Where vehicles follow logical rules all by themselves to move us and our freight with maximum efficiency, released from the unpredictable, complicating variables of human fallibility.
Facial recognition cameras have been installed on garbage bins in a complex of flats in the Chinese capital, Beijing.
The lids of the bins automatically open when a device recognises the face of a person previously registered on the community's system.
'Re-Thinking Progress' explores how through a change in perspective we can re-design the way our economy works - designing products that can be 'made to be made again' and powering the system with renewable energy.
With the price of resources and energy becoming increasingly volatile, can today's linear economy work in the long term? A performance model is part of the solution when making the transition to a regenerative circular economy.
During his free time, Vishwanath Mallabadi is found either segregating and making an inventory of the e-waste that he has collected from different scrap dealers, or working to give the e-waste a new lease of life. Sometimes he finds himself a seat at the division in his office where the safe handling of hazardous e-waste is taught.