Wcef2024 Summary Report
Wcef2024 Summary Report
World
Circular
Economy
Forum 2024
Summary
Report
SUMMARY
    From visions to actions
    In 2024, the eighth annual World Circular
    Economy Forum brought the world’s top
                                                          speakers and participants called for a socially just
                                                          transition. We also heard, for the first time, how
                                                                                                                   the Belgian EU presidency team offered a full
                                                                                                                   day’s programme including site visits to circular
    circularity experts to Brussels, Belgium. The         the circular transition poses certain risks – but also   economy companies in Brussels, Flanders and
    forum is one of the most important global circular    opportunities – for global peacebuilding efforts.        Wallonia.
    economy events and reminded decision-makers
    that the circular economy must stay on the            The forum gathered circular economy                      On 15 and 16 April, altogether 160 speakers
    regulatory agenda in this super year of political     professionals to collaborate and hear the latest         from around the world shared their insights
    elections.                                            circularity news. Some of the topics discussed           and experience across 20 sessions guided by
                                                          during the forum included finance, the built             the latest scientific evidence. Between the main
    Highlighting solutions to tackle our societies’       environment and a bioeconomy. WCEF2024                   event sessions, our partners hosted 11 workshops
    over-dependence on natural resources, the forum       focused on how to turn ideas into concrete actions,      and 42 organisations shared their solutions at
    emphasised the circular economy as a key source       drawing inspiration from circular businesses as          the WCEF2024 expo. And on 17 and 18 April,
    of future well-being and the premier post-fossil      well as regional and local examples.                     our collaborators hosted a total of 55 accelerator
    fuel investment frontier. Overconsumption in                                                                   sessions delving deeper into the daily work in
    high-income economies was thoroughly explored,        As a new element, this year’s edition provided           Brussels and online.
    as thus far development of well-being has been        partner-led workshops that dived deeper into the
    strongly based on the ever-growing use of virgin      forum themes and gave an opportunity for the             WCEF2024 gathered 1,531 people in Brussels
    natural resources. A strong focus on circularity is   participants to contribute hands-on. Workshops           and gained more than 9,800 views online.
    now needed, as the foundations of well-being are      were “sold out” fast, showing how eager people           Attendees from 168 countries participated in the
    eroding.                                              are to roll up their sleeves and get from visions to     main event.
                                                          actions.
    Throughout the programme, the speakers                                                                         The World Circular Economy Forum 2024 was
    reminded the audience that a circular economy         As the forum was held in the EU capital Brussels,        organised by the Finnish Innovation Fund Sitra,
    can only be achieved through global collaboration,    WCEF2024 joined forces with the European                 the International Resource Panel (IRP) and Circle
    harmonised policies and standards, streamlined        Circular Economy Stakeholder Conference                  Economy Foundation, in collaboration with 22
    financing instruments and by supporting               2024, which brought to the forum a dedicated             international partners, 42 expo stand hosts and a
    frontrunner businesses. Louder than ever, more        track showcasing Europe’s progress. In addition,         plenitude of international collaborators.
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RESULTS
    Results from WCEF2024
    Several reports, tools and calls to action were
                                                          WBCSD published Circular Transition Indicators
                                                          (CTI) with sector guidance for electronic devices.
                                                                                                               Circular Buildings Coalition published a
                                                                                                               report “Towards a circular economy in the built
                                                                                                               environment”.
    launched at the forum. Most notable were the          The Coordination Group of the European
    major partnerships to advance circularity globally,   Circular Economy Stakeholder Platform                OECD launched a Policy Paper “Extended
    with the European Commission in a key role.           (ECESP) published a Circular Economy Joint           Producer Responsibility: Basic facts and key
    Some highlights include:                              Declaration 2024.                                    principles”.
    The European Commission announced                     CSTEP published a White Paper “Growing the           Nordic Circular Hotspot launched a White
    55-million-euro investments in two initiatives        circular bioeconomy”, with a focus on the Global     Paper “Nordic Circular Policies and Regulations”.
    aimed at advancing circularity globally:              South.
    • €15M for a new EU Circular Economy Resource                                                              OECD published two reports featuring Circular
      Centre, designed with Sitra, the Belgian            Yunus Environment Hub published a new                Cities and Regions Initiative’s fellow cities and
      development agency Enabel and the Finnish           course “CirculaRise” to link environmental and       regions: the Strasbourg Metropole Report and
      Ministry for Foreign Affairs.                       social impact through circular economy and just      Zuid Holland Report.
    • €40M over five years to SWITCH to Circular          transition strategies.
      Economy in East and Southern Africa                                                                      The EIB launched new resources and announced
      programme.                                          ICCE published a Manifesto of the Global South       the continuation of the Circular City Centre - C3
                                                          Centre on Circular Economy, hosted by India and      programme with EU advisory support to help
    Multilateral Development Banks (WB, ADB,              supported by partners.                               cities in their circular economy transition.
    EIB and EBRD) published their shared vision for a
    circular economy.                                     Consumers International published a study            Holland Circular Hotspot shared inspiring best
                                                          on motivations.                                      practices.
    Sitra published a list of Europe’s top 30 circular
    solutions for nature and a handbook for businesses    ICLEI published the “Circular Cities Declaration     Sitra shared experiences from piloting digital
    “Circular solutions for nature”.                      Report 2024”.                                        product passports.
3
                                                                                                                   “
    Global Alliance on Circular Economy and                 UNIDO and Chatham House showed initial
    Resource Efficiency (GACERE) launched a                 results of their 1st study on National Circular
    policy brief ”Circular Design of Plastic Products”.     Economy Roadmaps.
                                                                                                                   “The transition to a circular
    UNECE shared their tools for making products            EMF will include feedback received during the
    traceable via block chain.                              forum on the final version of their upcoming           economy is not happening fast
                                                            report “Building prosperity: unlocking the             enough. We need to implement
    The EU presented results from the ORIENTING             potential of a nature-positive, circular economy for
    project including a toolbox for operationalising        Europe” due for publication this summer.
                                                                                                                   policies that genuinely extend
    life cycle sustainability assessments. The toolbox is                                                          the lifecycles of products and
    aimed to help organisations in decision-making on       Yunus Environment Hub shared initial findings          adopt business models that
    their path toward a circular economy.                   from the upcoming report “Just transition in
                                                            waste management and circular economy”                 increase utilisation rates and
    The Belgian EU presidency team shared their             commissioned by GIZ GmbH.                              recover critical raw materials.”
    reports and presentations on systemic innovation,
    procuring change, repair and manufacturing, reuse       Zero Waste Scotland will produce a follow-
    of plastics, information flows, circular hubs, the      up report to summarise the discussions from            ATTE
                                                                                                                   JÄÄSKELÄINEN
    circular batteries industry and the circular built      four roundtables on governance, enabling policy,       President of the Finnish
    environment.                                            capacity building and finance. The report will         Innovation Fund Sitra
                                                            also showcase how cities around the world are
    The EU shared their commitments to actions              overcoming challenges and driving the circular
    promoting a circular economy transition,                economy.
    including a map of EU actions contributing to the
    implementation of the African Union Circular            The Circular Economy Coalition validated at
    Economy Action Plan.                                    the forum their “Circularity4All Food & Feed First
                                                            Hierarchy” aimed to support a communication of
    The forum also offered sneak peeks to upcoming          priorities in the Global North and South.
    reports that will be released shortly:
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                                                           Historically, efforts to limit the negative impacts
                                                                                                                  “
    Latest science proves need for
    urgent action                                          of linear economic activities have been neither
                                                           quickly implemented nor adequate in scope. Both
    This year, the forum’s programme was strongly          climate crisis and biodiversity loss are increasing
    based on the latest economic research and              each year. However, the good news that GRO2024
    environmental science. The International Resource      delivers is that well-planned and implemented          “We need governments
                                                           policy actions can still grow our economies and
    Panel released their flagship report Global
    resources outlook 2024 (GRO2024) just in time          improve our well-being while reducing negative         and policymakers to
    for WCEF2024. Similarly, the Circle Economy            environmental impacts. For example, resource           create capability and
                                                           efficiency improvements can cut global natural
    Foundation’s newest Circularity gap report 2024
    (CGR2024) came out in January. Both studies            resources use by two-thirds compared to the            demand with funding,
    detail how the world currently produces and uses       current trend.                                         policies and frameworks
    resources, as well as the advances made to turn our
    economic systems from linear to circular.              The CGR2024, on the other hand, offers practical       like the Critical Raw
                                                           guidance on how to accelerate the circular             Materials Act.”
    GRO2024 states that the most resource-intensive        transition by unlocking financing, setting bold
    sectors are the built environment and mobility,        policies and re-skilling people for the circular
                                                           economy. Importantly, it highlights that economies     VEERLE
    followed by the food and energy systems. Together,                                                            SLENDERS
    these four systems account for 90% of global           at different stages of development need to apply       Executive Vice President,
    resource demand. The uncomfortable fact is             different types of circular actions. Affluent          Recycling, Umicore
    that wealthy countries have contributed to and         countries with high consumption must focus
    benefitted most from this resource use, often at the   on reducing their material and environmental
    expense of poorer but material-richer countries.       footprints. Lower-income countries still struggle to
    The new report invites us to rethink what it           provide for people’s basic needs and must therefore
    means to live sufficiently in all economies and to     use more materials to improve the standard of
    make decisions that benefit the well-being of all –    living.
    including future generations.
5
                                                                                                                 “
    To emphasise what these important messages            crucial to collaborate in creating better policies
    mean in practice, the WCEF2024 programme              and regulations for re-using recycled materials in
    focused especially on the most resource-              products, especially in the Global South. SMEs,
    guzzling provisioning systems, which are              local actors and citizens must also be involved. The
    sets of related elements that work together to        need for multinational cooperation, international      “No one can predict the
    transform resources to satisfy human needs. The
    discussions were targeted around governance,
                                                          standards and harmonised regulations was
                                                          emphasised.
                                                                                                                 future, but that does not
    finance, business and employment opportunities.                                                              stop us from impacting
    Unblocking barriers across these key leverage         The European Union wants to thrive in the
    points will help us optimise the delivery of human    circular economy, but can’t do this without global     it. It is possible to make
    and planetary health in a circular and resource
    efficient way.
                                                          partners. Strengthening bilateral and multilateral
                                                          cooperation within the circular economy is
                                                                                                                 circularity the next
                                                          essential to lead the global transition. To scale      megatrend.”
    Doing it together:                                    solutions, all relevant parties need to gather
    Global collaboration and                              around the same table.
    partnerships                                                                                                 JUTTA URPILAINEN
                                                          Collaboration among policymakers, financial            European Commissioner for
    Throughout the forum, experts emphasised              institutions and industries is a necessity. From       International Partnerships
    that the transition towards circularity is a          business and government representatives alike,
    global necessity. The circular economy exceeds        we heard a common thread: the importance of
    geographic boundaries, demanding collaboration        information exchange and cooperation, breaking
    among nations, organisations and stakeholders         down the political and financial barriers to the
    from diverse backgrounds.                             circular economy, ensuring that the rules of the
                                                          game are the same, and creating a system where
    Change does not happen alone. A theme that            the circular economy becomes the norm.
    emerged continuously during the forum was the
    need for partnerships to succeed in transitioning     The forum gave a new angle to looking at global
    to more circular lifestyles. For governments, it is   collaboration: it is also about promoting peace.
6
                                                                                                                “
    A circular economy that keeps products and             local capacities and learn from their expertise.
    materials in use and reduces the demand for
    primary materials is an important solution to          Actions taken by the Global
                                                           South
    reduce and pre-empt conflicts over resources.
                                                                                                                “The energy
    For the first time, WCEF2024 hosted a plenary
    examining how to navigate the circular transition
                                                           Countries in the Global North have made
                                                           significant strides in implementing the circular     transitions cannot be
    in an increasingly unstable world, marked by both
    physical conflicts and conflicts of interest between
                                                           economy while countries in the Global South
                                                           are primarily in the initial stages of drafting
                                                                                                                Global North against
    highly developed and industrialised nations
    (generally, the “Global North”) and countries
                                                           their first circular economy strategies. Despite
                                                           these differences, the advancement of circularity
                                                                                                                the Global South,
    looking to achieve similar growth trajectories
    (the “Global South”). Experts at several sessions
                                                           on a global scale necessitates cooperation and
                                                           understanding among all countries. An example
                                                                                                                but a collaboration
    highlighted the fact that resource-rich Global
    South countries are at a disadvantage in the
                                                           of such collaboration is the upcoming European
                                                           Union Circular Economy Resource Centre, which
                                                                                                                between all of us.”
    global production value chains. Today, high-value      demonstrates how support can be extended across
    minerals are still exported from the Global South      borders.                                             EDDY KIONI
    for the green energy transition in the North.                                                               Chief Executive Officer, Buenassa
                                                           Alongside a strong European perspective,
    Suggestions to improve this unfair situation           WCEF2024 also presented many advances
    include finding ways to increase value addition        made by the Global South. Genuine meaningful
    at the local level. This can be processing raw         global collaboration has a major role to play. For
    materials and creating high-value products             example, a shared vision on circularity between
    locally, instead of processing and manufacturing       the European Union and China has fostered a
    in the Global North, as well as ensuring that          collaborative framework aimed at knowledge
    waste streams are upcycled. To reach a fair and        exchange and policy alignment to accelerate the
    sustainable circular world, developed economies        transition towards sustainable, resource-efficient
    need to realise the potential of the Global South’s    economies. Both recognise the urgency of making
7
                                                                                                                     “
    a difference and the partnership is working to         underway in South Africa where the transition
    tackle plastic pollution and promote circular          to low-carbon and climate-resilient communities
    economy practices globally. For instance, business     has been raised in the middle of their national
    representatives urged the governments to follow        development plan, with initiatives focusing on
    Europe’s example and allow the use of recycled         mining, municipal waste management and keeping
                                                                                                                     “You shouldn’t wait
    PET for food contact materials.                        materials in the value chain. In Africa, businesses       until everything is clear
                                                           help to promote the circular economy in their
    An increasing number of governments in the             regions. For example, Buenassa, a business in the         before acting. Those that
    Global South have been implementing the circular       Democratic Republic of Congo, strives to conduct          are acting now using
    economy into their agendas. Brazil has put a           more environmentally friendly mining operations,
    circular economy strategy in the heart of their G20    focusing on partnerships with local suppliers and         whichever framework they
    presidency, and a national policy and strategy on      ensuring a just energy transition.                        choose are going to be
    the circular economy is also under development,
    focusing on social, economic and ecological                                                                      better positioned to be
    sustainability.                                        Benefits and limitations of a                             responding further down
                                                           local focus
    India presented insights to their approach to                                                                    the line, when regulation
    circularity and the bioeconomy. Around 50% of          The transition to a circular economy needs action
    municipal waste is organic, and waste generation       on all levels of society: local, regional, national and
                                                                                                                     starts coming in.”
    is expected to double by 2030. The government          global. While the World Circular Economy Forum
    has taken an active role, setting strict targets for   strives to foster this global shift, the discussions      THOMAS MADDOX
    renewable energy, encouraging the production           this year reiterated the significance of smaller,         Director, Nature, CDP
    of biogas and other high-value products, and           grassroots activities alongside the attainment of
    replacing fossil fuels in cooking. Indian decision-    global accords through intricate negotiations.
    makers are working to empower women and
    people in rural areas.                                 Testimonies from both the private and public
                                                           sectors underscored the urgency of individual
    Policies towards a circular transition are also        entities to adopt circular and nature-preserving
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                                                                                                                   DOUBLE TROUBLE
    practices, even in the absence of ideal overarching      identified as challenging, particularly in meeting    The European Circular
    conditions. Notably in the private sector, it is         criteria such as innovation.                          Economy Stakeholder
    acknowledged that while small businesses may                                                                   Conference 2024
    lack the resources to meet sustainability standards,   • Public procurement instruments are perceived          Just as collaboration is key to implementing the circular
    their agility allows for swift operational changes.      as complex by the private sector and local            economy, it is also key to how the World Circular Economy
                                                                                                                   Forum is created. This year, WCEF joined forces with the
    Successful SMEs have the potential to catalyse           municipalities, which hinders support for local       European Circular Economy Stakeholder Conference
    broader change. Similarly, in the public sector,         economies.                                            2024 (ECESC) and dedicated four parallel sessions and
                                                                                                                   one workshop to showcase Europe’s circular economy
    cities—representing smaller local regions—possess                                                              development. The European sessions highlighted the
    a closer connection to their inhabitants and the       • Collaboration between public and private              following:
    environment, enabling a deeper understanding of          sectors is essential in developing cities that meet   1.   EU legislative efforts need to be implemented on the
    the needs of both citizens and businesses.               the communities’ needs and embody circular                 ground.
                                                             ambitions.                                            2.   The circular economy has the potential to increase
    Cities and regions are at different stages of                                                                       competitiveness while protecting the environment.
    development, grappling with the need for support       • Incorporating local knowledge is paramount            3.   To ensure compliance and a just transition, it is important
    as they navigate the significant, transformative         in the planning process, as it brings a wealth of          for all parties to communicate: policymakers, businesses
                                                                                                                        and local structures.
    changes. Focal points to foster development              context-specific insights that are crucial for the
    include the following:                                   success of circular economy initiatives.              4. European businesses must evolve to meet new regulations,
                                                                                                                        but this also spurs global change and improved
                                                                                                                        international value chains.
    • Investment in these changes is becoming              • Coordinating efforts across different areas
      increasingly vital for the future, and it is           remains a challenge, highlighting the                 5. Multinational cooperation should address how countries
                                                                                                                        are on different stages of the transition.
      imperative that all sectors foster circularity at      importance of understanding governance at
      various levels.                                        multiple levels: national, regional and local.        6. We must envision alternative futures, have frank
                                                                                                                        conversations on systemic flaws and include youth in the
                                                                                                                        debate and decision-making.
    • Upcoming EU legislation is expected to bring         The interplay between global decisions and local
      changes, impacting suppliers based on their          governance was a key discussion point at the
      geographic location and local legal frameworks.      forum. Urban planning and construction were
                                                           identified as pivotal sectors, aligning with the
    • Local level access to EU projects has been           GRO2024 report. The built environment was
9
                                                                                                                “
     promoted as a platform to demonstrate how             together to achieve a sustainable society.
     nature-positive, circular strategies can yield
     economic benefits for individuals, businesses and     Recently, public procurement and policy have
     society.                                              been underscored as pivotal elements in fostering
                                                           circular business models. The influence of           “Defining quantified
     Experts at WCEF2024 cautioned that focusing           legislation on business operations is significant,
     solely on regional efforts is insufficient for        especially within the framework of the European
                                                                                                                science-based targets
     achieving global circularity across the sectors.      Union’s environmental policies. There was a          enhance predictability,
     Jonas Dreger of Apple highlighted the                 consensus that ambition must remain high in
     limitations of viewing the circular economy           setting international standards and tightening       generates a common
     as a national or regional concept, pointing           regulations.                                         investment focus and
     out that such an approach would not leverage
     economies of scale. The discussions advocated for     This approach should be complemented by a            can make markets shift.”
     a broader system that facilitates the movement of     supportive framework for SMEs to facilitate a fair
     materials across sectors, business boundaries and     transition towards sustainability. It was argued
     international borders for recycling and reuse. This   at WCEF2024 that there is a strong business case     ZAKIA KHATTABI
                                                                                                                Minister of Climate, Environment,
     shift raises questions about multinational trade      for circular SMEs on the African continent. Small    Sustainable Development and
     agreements and the politics of national resource      businesses and startups play a key role in showing   Green Deal, Belgium
     security.                                             the way, and that’s why early phase funding and
                                                           investments are needed. Only then we can scale up
     Policy and profit: friends or                         innovations.
     enemies?
                                                           Policymakers should focus on creating more
     Private companies play a critical role in the         coherent and impactful standards, regulations and
     circular transition, but their goals do not always    taxation, such as higher waste taxes, to support
     align with public policy. Many experts at the         circular practices. Many policies focus on supply,
     forum explored this relationship between the          so this should be complemented with demand side
     public and private sectors and how they must work     policies including resource efficiency.
10
                                                                                                                       “
     Experts on European policy at the forum stressed         The Global E-waste Monitor 2024, released just
     that the emerging legislation aimed at normalising       before WCEF2024, highlights the critical role
     sustainable products within the EU is not intended       of legislation in improving e-waste recycling
     to act as a trade barrier against producers              rates. According to the report, approximately 62
     and exporters from other countries. On the               million tonnes of e-waste are generated annually,        “We need really frank
     contrary, these laws are expected to yield positive      with a recycling rate of only 22%. Experts at the        conversations about
     environmental and economic impacts in non-               forum acknowledged the associated challenges,
     EU countries by promoting sustainable practices.         particularly the restrictions on cross-border            where things are going
     Overall, the upcoming EU legislations were viewed
     positively, with a general support for the direction
                                                              movements. The 2025 Basel e-waste amendment
                                                              is anticipated to be a significant step in addressing
                                                                                                                       horribly wrong and where
     Europe is taking. While the legal framework was          these challenges.                                        some of that discomfort
     recognised as a vital factor, it can either facilitate
     or impede sustainability efforts among suppliers.        Keeping youth engaged and
                                                                                                                       is.”
                                                              involved
     Many businesspeople at the forum complained                                                                       HANNAH BALLARD
     of confusing and restrictive policies and called         It is imperative to have young people meaningfully       Director, Sustainable Change Studio
     for the harmonisation of standards, metrics              involved in the circular transition, even though it
     and definitions. For instance, this would allow          is challenging. Young people tend to be in junior
     meaningful comparisons in sustainability                 positions professionally and may not have the
     reporting and support actions to improve                 financial resources to participate in events such as
     performance. Additionally, there is a demand             WCEF. Organisations must invest in facilitating
     for an environmental, social and governance              youth participation, fostering diverse perspectives
     (ESG) standard that aligns with existing policy          at forums and decision-making tables.
     frameworks. Standards that are scalable and
     applicable to both large corporations and                Unlike at WCEF2023, where young voices
     SMEs are deemed essential. The social aspect,            resonated throughout the forum, this time their
     often qualitative, needs to be measurable and            presence on stage was notably scarce. Engaging
     transparent.                                             youth is not just a desirable goal—it is essential for
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                                                                                                                “
     our collective future. Bringing youth voices into     All need to develop circular
     the discussion and offering meaningful ways to        skills
     participate are keys to ensuring our youth have the
     skills to navigate towards a truly circular future.   The transition towards a circular economy must
                                                           be fair and just, ensuring that the resulting jobs
                                                                                                                “Investors are not very
     During the WCEF2024, the questions from               are not only plentiful but also of high quality.     trained on evaluating
     youth delegates from around the world injected        Experts at the forum brought up that we cannot
     life into the panel discussions and brought fresh     afford to view the well-being of individuals         circular economy
     perspectives to the dialogues. Their questions        as an afterthought once policy decisions have
     forced the panellists to think outside box and        been made; rather, it must be a foundational
                                                                                                                projects and consider
     to re-evaluate their assumptions. The questions       consideration. In Rwanda, the intentional            that they have more risks
     addressed youth participation, but also their         placement of women and youth at the centre of
     concerns about the future of our planet,              the circular economy plan exemplifies a strategic    and lower returns.”
     biodiversity loss, material depletion and a fair      approach towards inclusive development.
     transition.                                           Indigenous peoples also bring valuable insight,
                                                           philosophies, knowledge and skills.                  MILAGROS RIVAS SAIZ
                                                                                                                Managing Director, IDB Invest
     For instance, Mai, a journalist from Thailand,
     challenged an expert panel with a concrete            The bioeconomy plays a major
     question: in Bangkok, 80 million plastic bags are     role in circularity
     used per day. Which corrective action would you
     prioritise: changing street food vendors’ behaviour   A circular bioeconomy will be a theme of
     of offering excess bags or changing the customers’    WCEF2025 in Brazil, but it was also a recurring
     acceptance and demand – and how? Not an easy          topic this year. Experts at the forum explained a
     question, but certainly one to provoke thoughts.      bioeconomy is not by nature circular, so circular
                                                           thinking needs to be applied to the concept. That,
                                                           however, requires effort.
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     According to the Circularity Gap Report 2023 on
     Latin America, one third of biological resources
     from the region are exported. Inequalities could
     be reduced by adding more value locally, such as
     by creating high value products from extracted
     biomass and ensuring that side streams are
                                                          fosters creativity and resilience. Great examples
                                                          were presented from Serbia at the forum in
                                                          sessions and at the expo. For instance, biochar
                                                          can improve agricultural yields and reduce
                                                          carbon emissions without harmful chemicals. It
                                                          is a charcoal-like substance made from burning
                                                                                                                 “
                                                                                                                 “The current utilisation of
                                                                                                                 seafood is highly inefficient.
     upcycled.                                            biomass such as agricultural and forestry waste. It    This needs to change with the
                                                          neutralises soil acidity and improves soil porosity,   global demand for seafood
     By leveraging local resources and innovative         encouraging a healthy microbial ecosystem as well
     technologies, Latin American nations are not         as the retention of water and nutrients.               set to double by 2050. We
     only addressing waste management challenges                                                                 acknowledge the risks linked to
     but also creating economic opportunities and         Another practical example is to use black soldier
                                                                                                                 sustainability and biodiversity.”
     enhancing sustainability. For instance, in recent    fly larvae. With one tonne of clean bio-waste, you
     years Guatemala has made significant strides in      can produce 200kg of fresh larvae as a protein
     advancing their circular economy agenda, focusing    source for animal feed and get 400kg of nutritious     MICHAELA LINDSTRÖM
                                                                                                                 Managing Director, Hailia Nordic Oy
     on waste management and emissions reduction.         fertiliser to improve the soil quality.
     However, there is a notable absence of regulations
     to guide this transition. It was encouraging to      Regenerative food production was seen as a key to
     hear that a collaboration between university,        circular food systems. It can be realised through
     government and municipalities have provided          practices that bring positive outcomes for nature
     results in finding a common thread regarding         on agricultural land, and through the preservation
     circularity in the country.                          of existing ecosystems.
     The bioeconomy also inspires innovative circular     The potential for growth in the bioeconomy
     solutions that maximise resource efficiency,         sector is immense but requires North-South
     minimise waste and promote regenerative              collaboration, investments, encouraging
     practices. From sustainable agriculture to           regulations and a shift in societal attitudes.
     biomimicry-inspired designs, the bioeconomy
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     Mindset shift and futures
     thinking
     In the history of the forum, we have heard
     repeatedly about the problems of the linear
     economy and the business-as-usual mentality.
                                                             reinforce the positive changes already happening
                                                             around them, to challenge assumptions that keep
                                                             us locked in comfortable customs, and to tell new
                                                             stories about the future. Circularity professionals
                                                             may already be too familiar with the phrase “you
                                                             cannot change what you don’t measure”, but isn’t
                                                                                                                    “
                                                                                                                    “Focus on the human
                                                                                                                    dimension and the social
     Now, science has shown us the path we need to           it also true that we cannot achieve what we don’t
     follow, and we need to remove roadblocks and            imagine?                                               dimension, because that
     capitalise on opportunities. Easier said than done
     though: how do we make the shift from passive           Next stop: São Paulo, Brazil
                                                                                                                    is where you can mobilise
     proponents of circularity into active change                                                                   support from people.”
     makers?                                                 In 2025, the forum will take up a whole new
                                                             region: Latin America! The continent will host
     One way to start is to get familiar with futures        both climate and biodiversity negotiations in 2024     HANS BRUYNINCKX
     thinking. In the week leading up to the forum,          and 2025, offering an opportunity to strengthen        Member, International Resource Panel
     more than 100 WCEF participants joined a futures        global collaboration and get businesses onboard to
     simulation. They got to experience one possible         build a circular economy future.
     future: a national circular lifestyle experiment in
     2027, which reduced each person’s possessions to        WCEF2025 will be hosted jointly by the Federation
     100 items with the aim of living a more service-        of the Industries of the state of São Paulo (FIESP),
     based lifestyle. They learned of the challenges of      the Brazilian Trade and Investment Promotion
                                                                                                                                        The World Circular Economy Forum brings
     such a lifestyle but realised fewer things could lead   Agency (Apex-Brasil), the Brazilian National                               together business leaders, policymakers, experts,
     to a higher quality of life.                            Confederation of Industry (CNI) and the Finnish                            civil society, and others to explore the world’s best
                                                                                                                                        circular economy solutions. It examines how to
                                                             Innovation Fund Sitra, the initiator of the forum.                         accelerate the circular transition while pursuing
     The closing plenary also invited participants to        See you there!                                                             the United Nations Sustainable Development
                                                                                                                                        Goals. The WCEF is a global initiative of Sitra, the
                                                                                                                                        Finnish Innovation Fund.
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PROGRAMME
 EVENT PROGRAMME
15
KEY FIGURES
KEY FIGURES: BY 30 APRIL 2024
                                                                    +
                            Accelerator Sessions
                            by partners                                             in Brussels
SESSIONS
31+55                                                           9.8 K
                                                                                                    GENDER BALANCE
                                                                                     online views
                                                                                                    57.7% female
                                                                                                    39.9% male
                                                                ACCELERATOR REGISTRANTS*            0.2% gender diverse
                                                                2K
 4 Plenaries                 55 Accelerators
 16 Parallels                                                                                       2.2% prefer not to say
 11 Workshops
                                                                            on days 3+4
160                                                             32%
                            45.0%     female 
                            54.4%
                            0%
                                      male
                                      gender diverse
                                                                                                    5 785    Europe
                            0.6%      prefer not to say                          < 35 years        1 144    Asia
 SIDE EVENTS                                                    BUSINESS REPS BY REGISTRATION         774    Africa
40                                                              35%
                                                                                                     603     North America
                     from January
                                                                                                      813    South America
                                                                                                      168    Australia/Oceania
                                                                  NORTH                                                EUROPE
                                                                  AMERICA
          5 785
 TOP -10 COUNTRIES
                                                                  603
                                                                                                                                 ASIA
                                                                                                                                 12.3%
                                                                                                                                 1 144
 Belgium                               1 140
 Finland                                 756                                                                            AFRICA
                                                                                             8.3%
                                                                                        SOUTH
 Germany                                 625                                            AMERICA**
 UK                                      532
                                                                                        8.8% 774
                                                                                        813
 Netherlands                             487                                                                                            AUSTRALIA
                                                                                                                                        AND OCE ANIA
                                                                                                                                        1.8%
 Spain                                   351
                                                                                                                                        168
 France                                  314
 Canada                                  298                 STUDIOS
                                                             7
 USA                                     289                             Baltics,
                                                                         Canada, Finland,
 Italy                                   278                             The Netherlands,
                                                                         Serbia x 2 and                            ANTARCTICA
                                                                                                                   0.0%
                                                                         Vietnam.
 9 287
 TOTAL REGISTRANTS
On site + online
35%
3 216
                         18%
                         1 663
                                                       16%
                                                       1 490
                                                                               15%
                                                                               1 412
 10%
 904
                         3%
                         231
                                                       3%
                                                       268
                                                                               1%
                                                                               103
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KEY FIGURES
KEY FIGURES: SOCIAL MEDIA #WCEF2024*
 162 K
 LINKEDIN RE ACH                       X (TWITTER ) RE ACH                   X (TWITTER ) IMPRESSIONS
                                       13.5 M                                48.8 M
                                       15 Nov 2023–30 April 2024
 PAID IMPRESSIONS
158 K INSTAGRAM
                                       7.2 K                       3.4 K
 ENGAGEMENT RATE
9.3%                >5% is
                    excellent
                                       Reposting partner content   2 posts
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