Vietnam can join European Circular Economy Stakeholder Platform
VOV.VN - The nation can become involved in the European Circular Economy Stakeholder Platform (ECESP) in order to utilise Europe’s initiatives and experience in this regard, according to Cillian Lohan, vice president of the ECESP.
By joining the ECESP, the country is able to set up relations with parties of the platform to support the development of its circular economy, Lohan said on the sidelines of the annual ECESP conference held from February 27 to February 28 in Brussels.
According to the recent Circularity Gap Report, the world consumes approximately 110 billion tonnes of materials each year and wastes over 90%, while only 7.2% is circular.
Arnaud Schwartz, head of the European Economic and Social Committee (EESC) Sustainable Development Observatory, said circular economic activities aren’t typically popular globally, but they are being promoted as they become the main trend of the future economy. The circular economy is an environmentally friendly one in which natural resources are renewable, metal resources sustainable, and overexploitation avoided.
In order to do achieve this it is necessary to produce goods made from durable and repairable materials that can be used for a long time before they are recycled, he noted.
Launched back in March, 2017, as a joint initiative of the European Commission and the EESC, the ECESP has developed strongly and served as a model of reference for enterprises. It gathers a number of climate and sustainable development initiatives with the aim of helping members to achieve all the sustainable development goals.