Embracing technology as a service will fuel the circular economy. Here’s how
With Earth Day coming up on Thursday (22 April), and President Biden poised to host a Leaders’ Climate Summit on the same day, I lean towards optimism.
The flag has been planted. In her 2020 State of the Union speech, European Commission President Ursula Von der Leyen proposed an increase in the EU’s 2030 emissions reduction target from 40% to 55%. It is a target that is necessary if the EU is to meet its Paris Agreement commitments and its goal of reducing EU carbon emissions to net zero by 2050.
Moving towards a more circular economy in which economic growth is decoupled from intensive resource use and waste generation will, according to the European Commission’s Circular Economy Action Plan, make a marked contribution towards achieving climate neutrality by 2050.