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Showing posts with the label Circular Economy

Continental Circular Economy Action Plan for Africa (2024-2034).

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  This Action Plan aims to pave the way for the circular economy journey for the African continent through actions that are based on a well-founded understanding of the different characteristics and contexts present across the regions . It includes goals and actions for sectors which are relevant for all regions — although depending on a region or country’s specific situation, some might be more relevant at this point in time. However, tackling them represents an important step towards a more circular economy that should be taken at some point. Naturally, a continental document cannot be as concrete as a national document. Hence, the high-level goals and actions presented in this Circular Economy Action Plan require dedicated initiatives and intentional collaboration of the African Union Commission (AUC), the Regional Economic Communities (RECs) as well as AU Member States to ensure translation to the local level.  Understanding of circular economy  The concept of circula...

How is Green Transition reshaping industrial development?

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The energy and green transition is reshaping industrial development in two ways:  (i) changing how manufacturing industries source and use energy, and  (ii) fostering the emergence of new energy-generating industries, such as solar, hydrogen and biomass.  For manufacturing industries , this transition entails adopting clean energy sources , decarbonizing production processes , and embracing circular economy principles to remain competitive and sustainable. In a global market that increasingly prioritizes sustainability , industrial competitiveness will increasingly be tied to industry’s capacity to comply with environmental regulations . At the same time, energy-generating industries are undergoing a transformation. The rapid growth of renewable energy sectors —such as solar, hydrogen and wind —coupled with advancements in energy efficiency , is creating new competitive advantages for countries and firms that lead in these technologies. Leaders in renewableene...