The recent COP21 climate change talks in Paris have concluded with an agreement on the key principle of keeping “global temperature increase to well below 2°C and to pursue efforts to limit it to 1.5°C”.
While the aspiration on limiting global temperatures must be applauded, we have a long way to catch up following both the Rio and Copenhagen Summit failures. With no binding legislation or measures it’s difficult to see how this target can be achieved and the dichotomy is that we must not even contemplate failure.
The reality is that to achieve anything meaningful much of our locked up carbon has to remain in the ground and that means moving towards a circular economy as fast as we possibly can – is it coincidence that the European Commission released its Circular Economy package days before the Paris talks?
I believe that the role of a Producer Compliance Scheme in developing business partnerships or integrated sectoral approaches to resource and energy use could be pivotal – and with the European Commision estimating carbon savings of 450 million tonnes through the circular economy it’s an opportunity that’s literally too good to waste.
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