A circular economy aims to transform the current linear economy into a circular model to reduce consumption of finite material resources by recovering materials from waste streams for recycling or reuse, using products longer, and exploiting the potential of the sharing and services economy. Circular economy policies and initiatives largely take place domestically at the national or regional level. However, they have important interlinkages with international trade.
International trade plays an important role in circular supply chains in materials and products, end-of-life value chains in waste and scrap, secondary raw materials and second-hand goods. In this light, how can trade contribute to a more resource efficient and circular economy? How would the circular economy transition have an impact on global trade patterns? And in what ways can we secure coherence in these two policy areas?
Join Shunta Yamaguchi and Rob Dellink of the OECD Environment Directorate on 25 March at 15:00 CET to discuss the role of international trade in the transition to a resource efficient and circular economy. The presentation highlights findings from a series of recent OECD reports, including: “The Consequences of a More Resource Efficient and Circular Economy for International Trade Patterns” and “International Trade and Circular Economy: Policy Alignment”.
For more information on OECD work on trade and circular economy, see: https://www.oecd.org/environment/trade-resource-efficiency-circular-economy.htm