This is a recorded session from the B Corp Global Climate Summit, Day 2 - Africa Regional Session.



The circular economy is an economic model focused on eliminating waste

This is a recorded session from the B Corp Global Climate Summit, Day 2 - Africa Regional Session.



The circular economy is an economic model focused on eliminating waste and inefficiency and promoting greater resource productivity. The carbon footprint of wasted food is approximately 3.3 billion tonnes of carbon dioxide (CO2) released into the atmosphere on an annual basis. The shift to a circular economy is not only about managing waste, but it presents a new economic paradigm for rethinking how we design, use, and reuse our resources (both products and services), with an estimated economic output potential of USD $4.5 trillion per year by 2030.

The COVID-19 pandemic showed in many cases all the drawbacks of the present economic model- the linear economy. 

The session will focus on:

- What is the essence of applying circular economy principles in managing food waste?

- How are businesses involved in food adopting circularity principles and business models to become more resilient over the long term?

- Hear from two companies the story of how they introduced circular principles in their business activities: the vision, their approach and the challenges they encountered.

- Potential of the circular economy strategy for a green recovery post pandemic?


Speakers: Grace Wachori, Martha Nalweyiso, Matt Homewood, Daniel Chege, Rita Atuti

Published on Nov 28, 2016