Browsing: SWITCH To Green

  • Circular Economy in Africa promotes more sustainable production/consumption practices
  • Financial backup is necessary to support value chain adoption of sustainable practices
  • Europe launches SWITCH to the green facility to meet UN Sustainable Development Goals SDGs

If the world is to achieve the 2030 development goals, African countries must institute government-backed efforts to switch to the sustainable Circular Economy model of production/consumption.

The circular economy is a model of sustainable production and consumption that shifts economic growth from resource consumption to more sustainable approaches. For example, the Circular economy demands designing products for longer use and ease of repair rather than consumption, a profit-oriented approach that produces short life products to force resell.

Economy experts describe the circular economy model as a new paradigm for business that aims to achieve economic growth through new sustainable business models.

There are various factors that influence the transition to the circular economy including market …