Cities can play a pivotal role in creating an enabling environment through regulations and incentives, but the private sector needs to collaborate and explore the cross-sectoral synergies required to achieve a circular model. There are immense opportunities for public-private collaboration in achieving goals that might not otherwise be possible for cities to accomplish alone.
Cities are embedding circular thinking in their utility processes, placing the onus on the private sector to come up with new business models that are both economically viable and ecologically sustainable. This could potentially result in a situation whereby circular products and services become the new market standard.
For four days in 2019, more than 750 company leaders, scientists and policy makers from all over the world came to Antwerp for the World Resources Forum organised by OVAM - the Public Waste Agency of Flanders featuring sessions on the power of the circular economy and the link with climate change, and an introduction to numerous pioneering projects and initiatives that are driving the transition.