Circular RevolutionDriving the Transition to a Circular Economy in Wales
circular revolution- Circular Revolution in wales - transition - circular economy,Designed and delivered in partnership with Riversimple, Swansea University & the University of Exeter, the Circular Revolution in Wales is the first business-led hub in the UK focussed on circular thinking.Driving the Transition to a Circular Economy in Wales
Supporting Wales to develop sustainably
Designed and delivered in partnership with Riversimple, Swansea University and the University of Exeter, the Circular Revolution is the first business-led hub in the UK focussed on circular thinking. The £2.3m operation is part-funded by the European Regional Development Fund through the Welsh Government who are contributing over £1.5m. The project focusses on helping the practical transformation and transition of businesses to a new circular business model. The Circular Revolution will support Wales to develop sustainability in West Wales and the Valleys and beyond and help build the Green economy. Through the European Regional Development Fund, this project will help create jobs, support business and raise skills in Wales.
What is the
An approach to sustainable development, the Circular Economy is a concept that replaces the traditional take-make-dispose approach with a system that is inherently regenerative by design. Advocating for the radical redesign of how we produce and deliver products and services, the Circular Economy challenges the notion that materials, products and resources can have an ‘end-of-life’ value. It proposes that by adopting novel business models, renewable energy and strategies such as re-use, repair, refurbish or recycle, resources can be looped back into the system acting as a feedstock for future products and materials. This will help to not only design out waste, but also maximize the economic and environmental value of these resources, ultimately contributing towards improving sustainable development and reducing climate change.
How the Circular Revolution will work
Circular Revolution will carry out two programmes of activity through 10 work packages (WPs)
An outreach programme working with Welsh SMEs to support them in their engagement with the Circular Economy
Genuine research and innovation through 6 innovative pilot projects to further develop the mechanics of collaboration required between commercial partners to maximise the opportunities afforded by a Circular Economy relationship.
circular revolution wales – Driving the Transition to a Circular Economy in Wales
October 12, 2021 What does the Circular Economy mean for my business?What does the Circular Economy mean for my business? Global demand for extracted resources has...