Opportunities and challenges of a data-based circular economy: a systemic view on traceability – WCEF2021 Accelerator Session

Opportunities and challenges of a data-based circular economy: a systemic view on traceability – WCEF2021 Accelerator Session

We need data to circulate materials in a sustainable economy. But data comes with its own material footprint and does not automatically guarantee circularity.

  • September 15, 2021 at 1:00 pm - 2:30 pm

Efforts to digitalise the circular economy are plentiful at the grassroots level. Yet, to harness the full transformation potential of data-based technological solutions to the circular economy, we must articulate the particular data needs in the ecosystem and understand the opportunities in the big picture.

This event offers forward-looking keynotes and an interactive panel discussion with views on the industry, data sharing, technology and policy related to one example of a data-based circular phenomenon: traceability.

The reality of sharing critical product and service information is complicated as those involved often lack both the appropriate data sharing rules and tools and the benefits and potential risk in data sharing may still be unclear. In addition, the digital transformation increases economies’ energy needs that should be met with green energy solutions. Many raw materials needed in electrification are becoming critical, complicating the prospects of a data-based circular economy.

Achieving the benefits of data-based circular solutions requires understanding and addressing the challenges of the digital transformation. Where are the opportunities and what still needs to happen at the systemic level? Join us to learn more and discuss the opportunities.

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This event is an Accelerator Session at the World Circular Economy Forum 2021.


VTT Technical Research Centre of Finland is a visionary research, development and innovation partner that drives sustainable growth and tackles the biggest global challenges of our time, turning them into opportunities for business growth.  VTT coordinates a collaborative Circular Design Network project to connect partners in developing data-driven circular solutions.

OECD, the Organisation for Economic Co-operation and Development, is an international organisation that works to build better policies for better lives. The OECD’s goal is to shape policies that foster prosperity, equality, opportunity and well-being for all.

The Finnish Innovation Fund Sitra is a future-oriented organisation building a fair and more sustainable tomorrow for all of us. The World Circular Economy Forum WCEF is a global initiative of Sitra and Finland.

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