Circular Economy Sample Clauses

Circular Economy. 1. The Parties shall prevent or minimise the generation of waste at source. They shall improve product reusability, recyclability and resource efficiency in order to adapt production and consumption to the achievement of a circular economy, including through adequate waste collection and sorting services and environmentally sound recycling initiatives and facilities. They undertake to adopt policies on the circular economy in order to protect the environment and human health, make products more energy- and resource-efficient, broaden consumer choice and improve waste management.
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Circular Economy. Xxxxx XxxXxxxxx Foundation defines the circular economy as a system where materials never become waste and nature is regenerated. In a circular economy, products and materials are kept in circulation through processes like maintenance, reuse, refurbishment, remanufacture, recycling, and composting. The circular economy tackles climate change and other global challenges, like biodiversity loss, waste, and pollution, by decoupling economic activity from the consumption of finite resources.
Circular Economy. 1. The Parties recognize that the circular economy offers a systemic approach to adopting sustainable consumption and production patterns. The Parties further recognize the role that international trade can play in the transition to a circular economy, including facilitating the movement of secondary materials and related goods and services through global supply chains.
Circular Economy. As far as High Priority Case 3 is concerned, the circular economy is gaining increasing attention worldwide as a means to reduce dependency on primary materials and energy, while at the same time becoming an economically viable alternative to the linear economy. In fact, Industry 4.0 bears enormous opportunities to enable circular economy, in which end of life products are reused, remanufactured and recycled. Increasingly, companies are applying innovative solutions, including the “Internet of Things” (IoT), cloud computing and 3D printing that will enable more interoperability and flexible industrial processes and autonomous and intelligent manufacturing. The initiatives developed for High Priority Case 3 are the following: Initiatives for the Circular Economy
Circular Economy. Circular Economy (CE) is seen as a necessary step to achieve sustainable development (Geissdoerfer et al., 2017). The current ‘take-make-waste’ model is labelled as an unsustainable path (EMF & Granta design, 2015). The CE is seen as an approach that has the potential to break with the current linear economy. In the last couple of years, governments, scholars, companies and citizens devoted more attention to the CE concept as a potential solution to the current sustainability issues. This is denoted by recent EU policy (European Commission, 2015, 2018a, b), national and regional policy targets (e.g. Circular Flanders), business sectors reports (EMF & Granta design, 2015), and the increasing number of academic articles (Xxxxxx, Xxxx, Xxxxx, Xxxxxxx & Xxxxxx, 2019). Circular Economy became a generally known concept. However, some critics claim that it has different meanings to different people. There is no definition that is commonly accepted among scientists and other professionals. Xxxxxxxxx, Xxxxx, & Hekkert (2017) analysed 114 circular economy definitions. Only four definitions were used more than once. Most of the definitions focus on economic prosperity. The social considerations are neglected most among the 114 definitions. The most used definition has been provided by the Xxxxx XxxXxxxxx Foundation (2012, p.7): “[CE] an industrial system that is restorative or regenerative by intention and design. It replaces the ‘end-of- life’ concept with restoration, shifts towards the use of renewable energy, eliminates the use of toxic chemicals, which impair reuse, and aims for the elimination of waste through the superior design of materials, products, systems, and, within this, business models.” Xxxxxxxxxxxx et al. (2017) claim that this is the most prominent definition. Although Xxxxxxxxx et al. (2017) propose a consensual and broad definition, they acknowledge that a CE understanding can be broader than the definitions presented with his study. Xxxxxxxx (2018) also emphasized the vagueness of the CE concept. He mentions that it seems as if CE is a collection of separate ideas from several fields and semi-scientific concepts. Moraga et al. (2019) propose the use of two definitions representing CE in sensu stricto and sensu xxxx. The sensu stricto, namely narrow focus, distinguishes CE from the linear economy by two characteristics: slowing and closing resource loops. On the other hand, the broader definition (sensu xxxx) pushes the focus to sustainability an...
Circular Economy. Circular economy can bring major economic benefits, contributing to innovation, growth and job creation. It offers an opportunity to boost our economy, making it more sustainable and competitive in the long run. Action at EU level can drive investment, create a level playing field, and remove obstacles stemming from European legislation or its inadequate enforcement. A circular economy will preserve resources, some of which are increasingly scarce, subject to mounting environmental pressure or volatile prices, and will save costs for European industries. It will unlock new business opportunities and help build a new generation of European businesses which make and export clean products and services around the globe, and create innovative, more resource efficient ways to provide services or products to customers. It can create local low and high-skilled jobs for our citizens and opportunities for social integration and cohesion. [EC, 2015] Level(s) is a voluntary reporting framework to improve the sustainability of building providing a common EU approach to the assessment of environmental performance in the built environment towards a circular economy in the buildings sector. To move away from the linear economic model of ‘take, make, and waste’ and towards resource efficiency, Europe needs a sustainable built environment. That’s why the built environment is a key target in the European Commission’s policy for circular economy: a regenerative economic system in which resource and energy consumption are minimised. Level(s) is a tool of the circular economy for the built environment. Level(s) encourages life cycle thinking at a whole building level, and supports users all the way from design stage through to operation and occupation of a building. [EC, 2017] Circular economy is a way in which we make efficient use of the resources that we already have and resources must remain functioning at their highest potential so that they are not consumed, but re- entered into a system that creates value again and again. This economy requires a different way of doing business and hence has different financial needs. The system shift fundamentally changes the role of both the entrepreneur as well as the financier and it requires a different view on risks and returns, the incorporation of intangible capitals (e.g. social and natural capital) into financial decision making and a long-term vision. (Xxxxxxxxxx, X. & Tilburg, R., 2016) The built environment offers a huge oppo...
Circular Economy. Cooperating and exchanging information on the transition to a circular economy, especially regarding the sectors of (plastic) packaging, textiles, the built environment, and vehicles, recognizing the importance of the role of the private sector in steering this transition in their supply chains; and • Sharing best practices on public-private partnerships, as well as market incentives and other economic development tools, that advance the transition towards a circular economy.
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Circular Economy. How is it possible, i.e. under what conditions and through which investments, to look at a circular economy capable of representing fertile ground for strengthening the sustainable growth and competitiveness of SMEs, particularly in the agri-food sector, renewing the tradition of attractiveness of local products and guaranteeing high quality agri-food production?
Circular Economy. Intention is that all materials used in NSPs construction should fulfil the requirements of Circular Economy. The goal of this is to eliminate waste and the continual consumption of resources. Circular systems employ reuse, sharing, repair, refurbishment, remanufacturing and recycling to create a closed-loop system, minimising the use of resource inputs and the creation of waste, pollution and carbon emissions.
Circular Economy. New Energy System 3 steps to a green port by 2050 Efficiency and Infra Climate deals #Climate deal 1 Investment agenda for energy transition in the Port Industrial Complex The Rotterdam region requires many investments. To this end, we are putting together an investment agenda. Two things have to be done simultaneously: In the short term, the energy infrastructure must be adapted and realised, such as reinforcement of the electricity grid, hydrogen- and CO2 transport and storage, expansion of heating and steam networks. At the same time, projects of sufficient scale must be launched or accelerated. This will justify the initial infrastructure investments and create sufficient momentum to continue construction after 2025. This then stimulates investments by companies that need certainty about the conditions. We're making an overview of all the planned and required projects and what is needed financially. #Climate deal 2 Work- and training agenda for the energy transition Human capital is a prerequisite for the success of the energy transition. The changes in the labour market caused by the energy transition will require an adaptive education- and labour market. In such a labour market, in which new opportunities for the economy and employment are to be exploited and a lack of well-trained personnel is to be avoided, dialogue and joint efforts by regional government (municipality and province), educational and knowledge institutions and the business community are essential. The implementation is in the hands of the organisation of the Rotterdam Apprenticeship Agreement. #Climate deal 3
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