As today marks World Environment Day and the final day of London’s Circular Economy week, I wanted to touch on the importance of shifting away from a nonsensical linear economy to a circular economy post COVID-19.
There is no doubt the current situation has rocked us all. Many companies are struggling, reliant on the Government’s job retention scheme or sadly going out of business. People have lost jobs, people have lost loved ones and many people and businesses are wondering if they will be able to get back on their feet when this is all over.
One major positive we can take away is the benefits lock-down has had on the environment. Less cars on the road, more walking, cycling and other means of active mobility. New car sales are down almost 90% whilst eBike sales are through the roof.
People, policy makers and businesses are seemingly starting to think seriously about the climate crisis and how our ‘take, make, waste’ model simply cannot continue.This blog from Oliver Dudok Van Heel of Freshfields Bruckhaus Deringer LLP explores how the circular economy can support the COVID-19 recovery.
Simply put, we need to create a stronger, more resilient, sustainable and prosperous economy where unnecessary waste and pollution is no longer acceptable. Now more than ever, we need to change our mindset and shift our focus towards circularity.
Here at Hyperion, we are working with the most innovative cleantech companies who are each doing their bit to enable the clean energy and mobility transition. To hear more about the extraordinary executive and senior level talent we find for our clients, please reach out.
According to the EU’s Green Deal, “a more circular economy has the potential to bring production home, eliminate foreign dependencies and create hundreds of thousands of new jobs”.