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China and the European Union (EU), world leaders in circular economy policy

16 JULY 2018

Source: Ellen MacArthur Foundation

Themes: Circular Economy Policy

China and the European Union (EU), world leaders in circular economy policy, sign a Memorandum of Understanding on Circular Economy Cooperation at the 20th EU-China Summit in Beijing on 16th July
Transition to a circular economy in the world’s two largest economies could accelerate adoption of circular economy practices at a global scale, creating potential for a ‘system shift’ towards a low carbon, regenerative economy
New analysis from the Ellen MacArthur Foundation finds that transition to a circular economy in China’s cities could make goods and services more affordable for citizens, and reduce impacts normally associated with middle class lifestyles, such as traffic congestion and air pollution. Earlier research found that Europe could, by 2030, add €0.9 trillion to its GDP by moving to a circular economy, while halving its CO2 emissions

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OCEANWISE

  • OceanWise deals with marine litter in a circular economy perspective. It is focused exclusively on expanded polystyrene (EPS ) products and applications with a likelihood to become marine litter. OceanWise wants to approach this issue with a wide-view angle, by putting together a multi-sectoral platform to include Governmental bodies responsible for marine environment management, Industry and other stakeholders, waste management authorities, designers, circular economy modellers, I&D specialists in participatory processes, and end-users. EPS is short for expanded polystyrene, commonly known as plastic foams, and called styrofoam in the U.S.

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© 2018 OceanWise project

The OceanWise project is co-financed by
the European Regional Development Fund
through the Interreg Atlantic Area Programme

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