Published June 5, 2018

The circular economy – a powerful force for climate mitigation

Transformative innovation for prosperous and low-carbon industry

This report investigates how a more circular economy can contribute to cutting CO2 emissions. It explores a broad range of opportunities for the four largest materials in terms of emissions (steel, plastics, aluminium, and cement) and two large use segments for these materials (passenger cars and buildings).

The key conclusion is that a more circular economy can make deep cuts to emissions from heavy industry: in an ambitious scenario, as much as 296 million tons CO2 per year in the EU by 2050, out of 530 Mt in total – and some 3.6 billion tonnes per year globally. Making better use of the materials that already exist in the economy thus can take EU industry halfway towards net-zero emissions. Moreover, doing so often is economically attractive. Initiatives for a more circular economy therefore deserve a central place in EU climate and industrial policy.

Contact us
Director, Carbon-neutral circular economy, Sitra

+358 (294) 618 210

mari.pantsar@sitra.fi

Publication details

Title

The circular economy - a powerful force for climate mitigation

Subtitle

Transformative innovation for prosperous and low-carbon industry

Place of publication

Stockholm

Year of publication

2018

Publisher

Material Economics Sverige AB

Outlook

176 pages

Subject

circular economy, materials, climate change, climate solutions, future

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