Planet earth in space, animated
Natural resources

Natural resources

Why we need a circular economy

(KfW Group/bpContent/Nutcracker)

Around the world, more and more people consume more and more resources. Raw materials are becoming scarcer and waste volumes are constantly on the rise.

The UN has warned that annual global resource consumption will double by 2060 and that greenhouse gas emissions will continue to rise dramatically. At the same time, the World Bank estimates that global annual municipal waste will have risen by 70 per cent by 2050.

A circular economy is considered as the solution to the global waste problem, it helps reduce resource consumption and carbon emissions. But what exactly is circular economy, and how can it be achieved? Our film gives some answers.

Published on KfW Stories: Wednesday, 18 September 2019

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All United Nations member states adopted the 2030 Agenda in 2015. At its heart is a list of 17 goals for sustainable development, known as the Sustainable Development Goals (SDGs). Our world should become a place where people are able to live in peace with each other in ways that are ecologically compatible, socially just, and economically effective.