Search ResultsCircular Economy

Circular Economy – the time to Act is now! standard

This is my second article of three, focusing on the circular economy in New Zealand. In my last article I challenged cities (and by association districts too) as to who would be the first in New Zealand to fully embrace the circular economy. This article focuses on how they can fund this. Last week, I gave three examples of places that had recently made a significant commitment to jump-start their circular economies. The amounts of money they are committing is huge; in the millions of dollars. Those figures are an indicator of their commitment to this paradigm shift. For most New Zealand cities or districts access to this kind of money is impossible, and that’s where the idea of a local ...

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Circular Economy – which city will be first? standard

If the government was to say that waste was the focus of a new fiscal policy, many would rubbish the comments. But what if looking at waste in a new way could create jobs, reduce our trade deficit, and improve our environment? Well, that’s exactly the point of a circular economy. The term “circular economy” has been around for quite some time now, particular in the waste and resource recovery sectors but for many it’s still a foreign concept. For those unfamiliar with it, the basic principal of a circular economy is that used products and materials can be introduced back into the system to become the resources for new products and services. This improves the way we use our ...

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Design – the genesis of a circular economy standard

By Dominic Salmon, 3R Group Business Development – Sustainable Solutions I’ll hazard a guess that the last time a kettle, toaster or other electrical appliance in your house broke, you thought to yourself this should be repairable. However, I’m fairly sure you couldn’t easily get it repaired or the repair was going to cost the same or more than a new model. ‘Right to repair’ – it’s a term you’ll hear more and more in the coming months and years.  In Australia, the Productivity Commission recently released a draft report on the Right to Repair, looking at consumers’ ability to repair faulty goods and to access repair services at a competitive price. The EU passed the right to repair into ...

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Circular Economy standard

the economy of the future is circular The way the world's economy currently operates isn't sustainable. It's a blunt but undeniable statement. This is because the predominant model on which the economy functions is linear - we take resources from the ground, we make things, and when we are finished using them (sometimes only once) we throw them away. The system operates as if we live on a planet with unlimited resources, which we don't. The circular economy recognises we have limited resources and takes a far more sustainable approach. Instead of being lost to landfill, resources are maximised by being kept in use for a long as possible before being reused, re-manufactured or recycled. "Waste is a man-made concept. In nature there is no ...

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Landmark report predicts huge economic benefits from circular economy standard

A landmark report, supported by 3R Group, has predicted an increase in economic activity for Auckland of up to $8.8 billion should the city move to a low carbon, circular economy. However, as 3R Chief Executive Adele Rose points out it is not only the nation’s most populous city which can benefit from a shift to the circular economy, but the regions too. The Circular Economy Opportunity for Auckland report, produced by the Sustainable Business Network (SBN) in partnership with Auckland Tourism Events and Economic Development (ATEED), is the first of its kind in New Zealand. It looked at what economic benefits a move to a circular economy by 2030 would bring Auckland. Resource recovery experts 3R supported the report ...

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