The upcoming COP25 in Madrid will be hosting a side event on combining circular economy principles with GHG reduction strategies. The event is jointly organised by the European Economic and Social Committee, Neyen and the International Council of Chemical Associations, and will be attended by the Chair of the European Circular Economy Stakeholder Platform, Ladeja Godina Košir.
Applying Circular Economy (CE) principles to key sectors can have a vast potential to reduce GHG emissions. Yet, most governments barely consider CE measures in policies aimed at meeting the Paris Agreement target of limiting global warming to below 2°C. Adding CE to national climate strategies and implanting CE business models can not only contribute to achieving climate targets but also stimulate innovative businesses and foster a more sustainable and regenerative economy.
This event will demonstrate how countries can consider these fundamental and systemic changes in the next iteration of their Nationally Determined Contributions (NDCs) and find more comprehensive solutions to meet the 1.5°C goal. It will provide examples of CE good practices and a forum for discussion to help CE practitioners deal with challenges they come up against. Lastly, it will demonstrate solutions from industry to tackle climate change, and show examples of CE approaches taken at a company level.
The event will take place on 11 December 2019 in the EU Pavilion, at the conference venue (IFEMA) in Madrid.