Circular Economy: A key lever in bridging the emissions gap to a 1.5 °C pathway
The emissions reduction commitments made by 195 countries at the COP 21 Paris Agreement, are not sufficient to limit global warming to 1.5 °C.
To reach the 1.5 °C ambition it is estimated that additional emissions reductions of 15 billion tonnes CO2 e per year need to be made by 2030. Circle Economy and Ecofys estimate that circular strategies may deliver emissions reductions that could basically bridge the gap by half.
Circle Economy and Ecofys have issued this white paper that informs on key strategies to move to a circular state. It also highlights existing circular examples in the world today.
This white paper will form part of a further comprehensive analysis of the new climate agreement and targets and circular economy’s contribution to the same. The white paper and initiative were launched in June at The Business & Climate Summit in London where institutional business and climate leaders are working together to deliver real climate action.