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The Next Economy

The myriad new models and processes aimed at fixing the flaws in capitalism and laying the groundwork for practical, alternative economic frameworks designed to benefit all stakeholders.

World Water Week: Water Can Be the Unifying Element for Achieving the SDGs

Under the theme Water for Sustainable Growth, some 3,000 people from over 120 countries are meeting in Stockholm this week for the 26th annual World Water Week.

Yet More Reports Tout Circular Economy as Road to Emissions Reduction, Job Creation

A new report from relief and development charity Tearfund and the Institute of Development Studies suggests that businesses and governments could help save lives and create jobs by adopting a circular economy approach to waste management.

Trending: US Court Approves Social Carbon Price; Canada, Mexico to Test Their Own Carbon Pricing

A unanimous decision from the U.S. Court of Appeals has upheld the government’s right to use a social carbon price to inform policymaking. The verdict rejected an industry-backed litigation that challenged the Department of Energy (DOE)’s use of a $36/metric ton estimated social cost of carbon (SCC) in its decision-making on the premise that the figure is not based on “real-world” data.

Trending: Latest Circular Innovations Close the Loop on Furniture, Packaging, Textiles

More and more companies are looking for ways to adopt circular models for their products, and some of the latest examples have been provided by industry giants. Furniture company IKEA, chemical firm Total, and Inditex - parent company of apparel brands Zara, Pull & Bear, Massimo Dutti and Bershka - are all working to reduce their environmental footprint by changing how their products are made.

Remade in the USA: Latest EILEEN FISHER Collection Closes Clothing Loop

As cool as it is to know a jacket was made with recycled plastic bottles – or even bio-textiles made from cow dung or kombucha – changing the raw materials is only one of the ways to reduce the environmental impact of apparel and footwear.

Tom Cridland: Entrepreneurship Must Be Taught in Schools in Wake of Brexit

The story of fashion startup Tom Cridland is an impressive one. Established with the help of a $9,000 UK government loan just two years ago, the ethical apparel business has quickly become a $1m turnover organisation with a star-studded roster of famous clients, including Daniel Craig, Leonardo DiCaprio and Miley Cyrus.

AkzoNobel, Seymourpowell, Newlife Collaboration Creates Circular Economy for Paint

Until now, recycling paint has been a laborious, costly process, leading to huge amount of unused paint going to waste and ending up in landfills. Thanks to a collaboration between Dulux-owner AkzoNobel, design and innovation company Seymourpowell, and Newlife Paints, recycling paint may finally be able to become ‘mainstream.’

A (Carbon) Market-Driven Approach to Sustainability

In December of 2015, representatives from virtually every nation gathered in Paris for the 21st Conference of the Parties, better known as COP21. While the conference didn’t fully resolve the steps needed to address the issue of climate change, the signatures from countries throughout the globe symbolized the emergence of a worldwide commitment to climate action. Officially, COP21’s stated goal was to balance carbon emissions by the latter half of the century. But while the related objectives often target 2030, 2050 or beyond, they will only be realized by making changes today.

Calling All Food Waste Fighters: New Funding for Closed-Loop Solutions

The Closed Loop Foundation (CL Foundation) has announced a new grant and loan opportunity for food waste solutions that are applicable in the United States. Hoping to unlock food waste diversion and reduction at scale, the CL Foundation launched a ‘Food Waste Solution Search,’ open to submissions for all types of solutions to the food waste challenge, from field to end-of-life.

Shell Launches Digital Tool to ‘Springboard’ … Low-Carbon Startups?

Cross-Posted from Product, Service & Design Innovation. Small and medium enterprises (SMEs) in the low-carbon, clean energy and sustainability sectors can now use a handy interactive online tool to identify funding opportunities most relevant to their sector, development stage and financial requirements. The Access to Finance Navigator was recently launched by none other than energy giant Royal Dutch Shell, building on the company’s existing funding and awards offerings.

The Global Demand for Protein Will Require a Sustainable Shift to the Sea

By 2050, global demand for protein on our dinner plates is expected to increase by 80 percent over current levels, due to population growth in African countries and increased wealth in Asia. How are we going to meet this demand? In 2011, 69 percent of the animal protein consumed globally came from land-based sources — and there are fewer and fewer options for expanding production on land. “Most of the land we think of as farmland is used to grow food for animals, not for people,” says Arlin Wasserman, keynote speaker at the 2015 SeaWeb Seafood Summit and founder of Changing Tastes, a consultancy focused on food sustainability planning.

Study Shows Circular Economy Should Be ‘Key Instrument’ in Climate Strategy

This month, countries are beginning to formally ratify commitments under the Paris Climate Agreement, and Environment Ministers from across Europe met to finalize the approval of the European Commission’s Circular Economy Action Plan.

Trending: Chemical Plant, Nutrient Recovery Facility Bring Circular Economy One Step Closer

Two new industrial facilities that will bring the circular economy one step closer were officially opened in Europe on Friday: a carbon dioxide-based chemical plant in Germany and a nutrient recovery facility in the Netherlands. The transition from a linear take-make-waste economy to one which keeps materials ‘circulating’ for as long as possible (or, ideally, indefinitely) has been an international priority in the continent.

3M, Aveda, Target Among Members of New Coalition Aimed at Advancing Circular Economy in U.S.

Today, more than 25 businesses and organizations announce the launch of the Minnesota Sustainable Growth Coalition, a business-led public-private partnership harnessing their collective expertise to advance the next frontier of corporate sustainability – the circular economy.

Latest C2C Product Design Challenge Spawns Circular Solutions for Packaging, Footwear, Housing, Food Waste

Today, the Cradle to Cradle Products Innovation Institute announced the winners of the third Cradle to Cradle Product Design Challenge. The series of six global design challenges running from 2015 through 2017 are presented by the Cradle to Cradle Products Innovation Institute and Autodesk, and made possible by the Alcoa Foundation.

'Evonomics' - a Synthesis of Behavioral, Ecological and Evolutionary Science - Could Be 'the New Economics'

Evonomics co-founders Joe Brewer and Robert Kadar led an engaging presentation-turned-debate Wednesday morning that started with the question, “Is economics a science?” The discussion generated from this kickoff question set the tone for the rest of the hour, where individuals from academia, finance, NGOs, and corporations engaged in rich discussion on the evolution of economics – its history, its relevance, and its future.

Business, NGO Leaders Stress the Need for the Circular Economy in New Short Film

A new 18-minute documentary film, Circularity: Preparing for the New Economy, calls for a radical overhaul of current economic systems. Featuring commentary from a number of business analysts, the film provides an overview of what the “circular economy” is and the opportunities for growth that it presents.

Trending: Levi’s, EU Project Unlock New Ways to Turn Textile Waste Into New Products

With dramatically large amounts of clothing and other textiles being thrown out every year – nearly 10 million tonnes in the United States and more than 3 million tonnes in European Union (EU) countries – it is no wonder why designers and companies are increasingly looking to this waste as a potential resource.

Closed-Loop System for Medical Devices Saves Utah Orgs $250K, Diverts 60K Lbs of Waste

From waste management to construction to apparel, circular economy models are gaining attention and proving effective in numerous industries. Even those in healthcare – an industry that requires the highest level of uncompromising performance – are beginning to re-evaluate linear product lifecycles.

WEF Report Outlines 30 Steps to a Circular Construction Industry

The construction industry has been slower than most to adopt technological innovations, which has stagnated the sector’s labor productivity in the United States and elsewhere in the last 40 years. At the same time, the construction industry is the world’s largest consumer of raw materials, yet only a fraction of its waste gets recycled. According to a new report from the World Economic Forum (WEF), these factors coupled with the industry’s size and weight make construction ripe for disruptive transformation that could have profound benefits for the world.