sheng115_Thierry MonasseGetty Images_circulareconomy Thierry Monasse/Getty Images

The Circular Economy Grows Up

If we do not abandon the prevailing “take-make-waste” pattern of global production and consumption soon, we will need the equivalent of almost three Earths to provide enough natural resources to sustain current lifestyles, and annual waste generation will increase by 70%. But there is a better way.

HONG KONG – Every year, 400 million tons of heavy metal, toxic sludge, and industrial waste are dumped into our waterways. At least eight million tons of plastic end up in our oceans. Some 1.3 billion tons of food – about one-third of all that is produced – is lost or wasted, while hundreds of millions of people go hungry. Our oceans are being overfished, our lands degraded, and biodiversity rapidly eroded. Meanwhile, devastating natural disasters – flash floods in Europe and China, forest fires in the United States, and locust infestations in Africa and the Middle East – are becoming more frequent.

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