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We Can’t Achieve Net Zero Without the Circular Economy

Circular economy and sustainable consumer products

This article from the SAP News Center written by Darren West emphasizes the role of the circular economy in achieving net-zero emissions. It states that energy efficiency and renewable energy can only address 55% of greenhouse gas emissions. The remaining 45% are tied to products, materials, and food.

Currently, the linear economy dominates, as only 7.2% of the world’s resources are reused or recycled. Thus, adopting Circular Economy requires significant short-term capital investment, more data, and a collaborative approach.

Read the full article on SAP News Center.

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