The Circularity Gap Report 2023 shows that the global economy is only 7.2% circular, which represents a decline compared to previous years. Rising material consumption and dependence on primary resources are exacerbating the situation. Since the first report in 2018, which found a rate of 9.1%, the situation has steadily worsened.
A circular economy could reduce material use by 30% and meet planetary boundaries. Five of the nine key environmental health indicators have already been exceeded, due to the linear "take-make-waste" economy. The report recommends the principles of "use less, use longer, reuse and produce cleanly" as core strategies to reduce the consumption of primary materials and minimise environmental impact.
The analysis focuses on four global systems: food, construction, manufactured goods and mobility. Circular solutions in these areas could restore compliance with five of the nine planetary boundaries that have been exceeded. Highly developed countries must reduce their overconsumption, while less developed countries must stabilise or moderately increase their material consumption.
Close collaboration between the public and private sectors is crucial to scaling the circular economy. Policy measures can support economic endeavours and manage potential rebound effects. The report calls for a long-term vision and sustainable practices to ensure a high quality of life for all.
You can download the Executive Summary of the Circularity Gap Report 2023 here:
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