Is this email not displaying correctly? Click here to view in browser Issue 04 | October 2024 |
Towards a Green and Circular EconomyDear Partner, Greetings from the Advocates Coalition for Development and Environment (ACODE). Welcome to the 4th Issue of the Green Economy Coalition Briefer whose theme is: Towards a Green and Circular Economy. As you may be aware a ‘circular economy’ means an economic system where the value of products, materials and other resources in the economy is maintained for as long as possible, to enhance their efficient use in production and consumption. By so doing, there is a reduction of negative environmental impact of their use, minimization of waste and the limiting the release of hazardous substances at all stages of their life cycle. Included in this is the issue of the application of the waste hierarchy. The aim of the circular economy is to make the most out of the material resources available to humanity and other species by applying three basic principles: reduce, reuse and recycle. A circular economy protects the environment, reduces emissions, minimises the consumption of natural resources and reduces waste generation. A circular economy also benefits the local economy through production models based on the re-use of waste as raw material. In addition, it drives employment growth through stimulating the development of a new, more innovative and competitive industrial models, higher economic growth and resource independence. The fourth issue of the Green Economy Briefer seeks to create awareness about the concept of a circular economy, its relevance to attaining the Sustainable Development Goals (SDGs) and also identifies some of the challenges, opportunities and recommendations aimed at ensuring the transition to a green and circular economy. Based on the cost benefit analysis of the circular economy, we highly recommend to countries in East Africa and Africa to embrace the circular economy and escape the negative effects of climate change that is knocking on our doorstep. By Dr. Arthur Bainomugisha - Executive Director, ACODE. |
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