Page 42 - Shelter - April 2025
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POLICY REVIEW
industry coalition will also strategies. Despite this interest, • Enhancing Recycling
aim to contribute towards widespread action is yet to rates for critical materials
progress on key global goals arise. Without bold, ambitious with ambitious goals for
and priorities set by the measures, the circular Plastics, E-Waste and C&D
G20 and other international economy risks becoming Waste
foram. RECEIC will also act just another concept, and
as an overarching platform the region may miss out on Key Drivers of Circular
Economy Implementation
enabling industries to the opportunity to balance
address information gaps economic development with Businesses in the Asia-Pacific
and coordination challenges environmental sustainability. region, from micro,small and
across the G20 members. medium enterprises (MSMEs)
Moving from a Linear to
India’s tryst with a circular a Circular Economy is a to large multinational
corporations, play a pivotal
economy philosophy of 3R from role in driving circular
‘Take, Make, Use & Waste”
The mission includes to Take, Make, Use & Recycle economy activities. These
initiatives to promote waste (including Repair & Reuse businesses are uniquely
segregation, recycling, and positioned to integrate
composting, and aims to thus regenerating value)”. circular principles into their
make India a “zero-waste” • Focus on how India can supply chains and offer
country. deal with waste at different circular solutions. However,
stages governments must create
These developments, however,
have led to increased material • Developed India of 2047 enabling environments to
extraction, consumption, includes a landfill-free support and accelerate these
and waste generation, India activities. There are six key
exacerbating global • Maximising Resource drivers for unlocking the
environmental challenges Efficiency & Promoting circular economy across the
such as biodiversity loss Sustainability in a circular region:
and pollution. The linear form 1. Infrastructure: Adequate
“take-make-waste” economic digital and physical
model that dominates the • Mission Life – a mantra for infrastructure is necessary
region is unsustainable, with sustainable development to support circular
countries breaching critical to the world - to reach in activities such as waste
planetary boundaries. A shift a mission form to around separation, recycling,
to a circular economy, which 80%of the villages and resource recovery.
aims to decouple economic • Every household to have Digital platforms can
growth from environmental access to renewable energy facilitate the exchange
degradation, offers a solution – GoI Schemes such as PM- of recyclable materials,
by promoting systems where KUSUM, PM-Surya Ghar, while physical systems
materials are used efficiently Go Electric campaign etc. for waste management,
with limited waste, and like those seen in China
nature is regenerated. The • Cities Coalition for and the Republic of Korea,
circular economy presents a Circularity (3-C) – can significantly enhance
transformative approach for Adopting Circularity recycling rates.
Asia-Pacific countries, many Principles to reduce India’s 2. Regulation: Effective
of which have expressed Carbon footprint. regulatory frame works
a growing interest in such
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