Reports Tout 'Circular Economy' as Road to Emissions Reduction, Job Creation
A new report from relief and development charity Tearfund and the Institute of Development Studies suggests that businesses and governments could help save lives and create jobs by adopting a circular economy approach to waste management.
The report, entitled Virtuous Circle, uses case studies to demonstrate how circular economy business models can increase productivity and economic growth, improve the quality and quantity of employment, and reduce water and air pollution. In addition to these benefits, the authors assert that the circular economy, as an alternative growth model, could significantly contribute to achieving the Sustainable Development Goals(SDGs) and reduce the tension between lifting people out of poverty and protecting the planet.
“We are creating mountains of waste and it’s killing us and the planet. In many cases these pollutants can instead be used to reduce poverty through creating jobs and boosting the economy, by adopting a circular economy approach,” said Tearfund’s senior policy advisor Joanne Green.