The circular economy represents a trillion dollar opportunity. For this potential to be realised we need a strong business case, and for all industry players to come together, and create a circular value chain. The Norsk Ombruk remanufacturing model shows what can be achieved; how partnership and collaboration can deliver an impressive range of benefits for people, planet and the economy.
Having pioneered the original development of the circular economy in Europe, I am pleased to see the level of new innovations that are occurring. The Norsk Ombruk study demonstrates the significant value to be added through remanufacturing within a circular economy, and shares some important findings, which also align with the new research we are developing at the International Resource Panel. These are exciting times for the circular economy.
This study shares some advanced thinking in the arena of remanufacturing and responsible business. It also provides some helpful inspiration for businesses in other sectors, looking to expand their own circular economy efforts, while harnessing a wide range of benefits