CIRCULARITY GAP REPORT 2023: THE GLOBAL ECONOMY IS NOW ONLY 7.2% CIRCULAR

(Graphics sourced from www.circularity-gap.world)

According to the Global Circularity Gap Report the global situation is getting worse year on year—driven by rising material extraction and use.

Rising material extraction has shrunk global circularity: from 9.1% in 2018, to 8.6% 2020, and now 7.2% in 2023. This leaves a huge Circularity Gap: the globe almost exclusively relies on new (virgin) materials.

This means that more than 90% of materials are either wasted, lost or remain unavailable for reuse for years as they are locked into long-lasting stock such as buildings and machinery.

To read the full press release and visit their website click here: https://www.circularity-gap.world/2023

To directly download the report click on the button below:

What is the CGR?

The Global Circularity Gap Report is an annual report measuring the state of circularity. Its goal is to inspire action and realise a global circular economy. The Circularity Gap Report is launched annually during The World Economic Forum’s Annual Meeting in Davos.

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