Green Alliance's five tests for a successful circular economy
The Green Alliance is gauging the success of the UK Government's Circular Economy Taskforce against five key tests.
The independent think tank wants the government's strategy for England on a circular economy to be judged against its tests, developed from its work in this area since 2012.
The tests are:
- Does it futureproof long-term growth, identifying how to account for the financial risks of linear models and supply chain disruption?
- Does it rebalance the investment environment to enable circular businesses to thrive?
- Does it set a long-term goal to bring UK resource use within planetary boundaries?
- Does it establish a robust framework for key sectors to deliver against overarching aims?
- Is the whole government behind the strategy for the long term?
Established in November, the Circular Economy Taskforce is an independent advisory group to support the government in creating a circular economy strategy for England.
The strategy will:
- support economic growth
- create green jobs
- promote efficient and productive use of resources
- accelerate the transition to net-zero emissions
Members include IOM3 Chief Executive Colin Church FIMMM.