What is the India Circular Economy Forum (ICEF2022)
ICEF is an opportunity to identify, showcase, and celebrate Circular initiatives across India in different focus sectors.
The forum features a futuristic approach for stakeholders to build and scale a circular economy by providing a platform to share insights, network, and learn from other circular economy practitioners.
Collaboration across companies and industry sectors is the only option to build a safe and resilient world. ICEF is a forum driven by national & global experts illustrating how circularity in businesses can prove to be a sound strategy, to facilitate access to new markets, drive innovative solutions and save costs.
In order to recognize the initiators of various innovative works and achievements in Circular Economy, we are glad to support the 1st ever edition of Awards in Circular Economy (ACE) 2022, organised by the India Circular Economy Forum.
Five opportunities to boost circularity
Both economies can benefit from new business and investment opportunities that would emerge from an enhanced cooperation between the two sides. The EEB, together with its Indian partners, have identified few areas of focus:
In view of the Global Plastics Treaty that is being negotiated within the United Nations, more emphasis is needed on upstream solutions to curb plastic pollution. These may include reduction, reuse and improved material circulation, supported by economic models and legislative measures that increase producers’ responsibility with modulated fees, enhanced collections systems such as Deposit Return Schemes (DRS), and more support for reusables and refillables, including in e-commerce.
EU imports from India
Production patterns in electronics and textiles can be shaped by EU Green Deal provisions to ensure good quality products and their uptake on the EU market. In this context, competitiveness is to be gained quality-wise, not price-wise. Exporters that do not respect product requirements set by the Green Deal and the Sustainable Products Initiative will be excluded from the EU market.
EU waste management best practices, from separate collection to decentralised composting and extended producer responsibility, could be applied in India, taking into account local specificities and challenges, such as the social inclusion of informal waste pickers.
Right to repair
India has the opportunity to build on the success of the Right to Repair campaign in the EU and adapt it to its national context, both in terms of repair-based skills and business models, that are already widespread among informal waste pickers, and broader advocacy towards eco-design of goods.
India can preserve its low waste generation rates, while improving wellbeing and addressing pollution. Economic development aligned with a circular economy must not result into an increase of waste generation.
All these topics will be discussed at the ICEF on 2-3 June 2022 in New Delhi. Join the discussion!