TF2: Circular Economy

​Holistic Solutions for Our Environment

Circular Economy (CE) is the holistic “cradle-to-grave” valuation of the social, economic and environmental dimensions of resource utilization and waste production/reduction. This valuation aims to strengthen and accelerate the adoption of “best science” through (1) collaborative assessment of scientific and technological capacity for minimizing waste, (2) multisector and multidisciplinary R&D aimed at designing systems that minimize and utilize otherwise wasted by-products from industry, agriculture and other sectors, and (3) provision of strategic and policy guidance to enable the translation of science and technology into concrete solutions for creating systems based on circularity.

The CE discourse carries forward the deliberations in the previous G20 and S20 summits of Japan 2019 and Argentina 2018, which highlighted the harmful consequences of unsustainable production practices and waste generation on marine life (especially marine plastic litter) and terrestrial ecology.

The current model of growth – using up natural resources faster than the earth can replenish them – is unsustainable, while at the same time huge amounts of waste are generated, thereby negatively impacting society and the environment. The scientific community can act as a catalyst for change. The S20 Circular Economy Task Force will take a lead in promoting the development of scientific and technological capabilities, encouraging global co-operation among educational organizations, think-tanks, public and private sectors and other stakeholders, while also influencing policy decisions to create a conducive environment for the adoption and acceleration of a sustainable future for mankind based on the principles of circular economy.