COP23 Side Event: Raising the Ambition of Climate Action Through Circular Economy Strategies

Effective climate action requires tapping into renewable sources of both energy and materials, and extracting the most societal value and utility out of them at all times. Around 67 percent of global greenhouse gas emissions is related to material management and, taking Europe as example, is allocated to the production products and materials of which 95 percent is waste after just one use-cycle. Practice shows that applying circular economy concepts opens new greenhouse gas mitigation options which are mostly left unexplored, yet crucial to honor the Paris commitments.

This COP23 side event (accreditation required) explores how we can align climate policy, the architecture of the Paris Agreement, and climate finance to develop this potential, while contributing to the economic development and low-carbon growth ambitions of developing countries.