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A new report released in time for the World Economic Forum in Davos, Switzerland, says the world is getting less circular, relying more on virgin materials in than it did in 2018.
A record 101.4 billion tonnes of virgin raw materials were used globally last year, with nations and corporates failing to cut resource use and improve reuse and recycling at the rate demanded by climate science.
5 Min Read (Thomson Reuters Foundation) - COVID-19 relief and recovery plans aimed at recycling and reusing more of the billions of tonnes of materials consumed each year could slash planet-heating emissions and limit the impacts of climate change, researchers said on Tuesday. By developing and promoting ways to reduce the amount of minerals, fossil fuels, metals and biomass used in new products, greenhouse gas emissions could be cut by 39%, or 22.8 billion gigatonnes annually, said a report by Amsterdam-based social enterprise Circle Economy. “Governments are making huge decisions that will shape our climate future,” CEO Martijn Lopes Cardozo said in a statement.