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The European Union has launched a strategy that settles circular economy as a priority. Global consumption of materials such as biomass, fossil fuels, metals and minerals are expected to double in the next 40 years, and in addition, the World Bank’s What a Waste 2.0 outlook says that annual waste generation is projected to increase by 70% by 2050.
These data reveal how crucial scaling up the circular economy from front-runners to the mainstream economic players is and how a decisive contribution it will make to decouple economic growth from resource use, while ensuring the long-term competitiveness of the European Union. The main goal of the new Circular Economy Action Plan is to create a regenerative growth model that gives back to the planet more than it takes.
The pathway to a low-carbon future is circular. Circular economy and the optimization of resources used in the energy system can be seen as a way to improve energy self-sufficiency.