Context
Every year, around two billion tonnes of household waste are produced worldwide. In developing countries, only four per cent of waste is recycled and 15 to 20 million people work in the informal waste management sector, many of them under inhumane working conditions.
It is therefore imperative to find ways to move from a linear economic system to a circular economy. In other words, resources must be reused instead of being dumped or burned as they have been to date. There are already numerous workable solutions for this, but the global Sustainable Development Goals in the management of waste and recycling can only be achieved through joint action. A circular economy requires close cooperation between numerous participants along the global value chains.
Objective
A functioning and inclusive circular economy preserves natural resources and reduces waste in the environment, especially in developing countries and emerging economies.