Every year, 30 billion tonnes of goods are produced. We dispose of 13 billion tons of goods as waste, or about 2 tonnes per person. The European Union alone produces more than 2.5 billion tonnes of waste every year.
Very little of this waste is reused. A third of goods we throw away were purchased in the same year. The extraction, use and disposal approach creates a significant environmental burden, through depleting minerals and the destruction of forests and biodiversity.
The situation continues to deteriorate. By 2050, it is estimated that 3 planets will be needed to meet the needs of humanity.
Faced with these challenges, the circular economy offers an alternative to limit pollution of the sea, air and land and reduce the overexploitation of natural resources.
Courtesy of Ellen MacArthur Foundation
Investing in a circular economy is not just about contributing to the development of a more sustainable economic model. It also means investing in a potential $4.5 trillion market,and financing companies actively involved in the transition towards a sustainable future.
Sources: UNEP, Euromonitor, EPA and WEF (2019), PlasticsEurope's Statistics (2019); Material Economics (2018); Conversio Reports (2018); Geyer, R., Jambeck, J. R., & Law, K. L. (2017).
Source: Madison Project Database (2018) -
Accenture, “Waste to Wealth: Creating advantage in a circular economy “, 2015.