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Fast-tracking a Zero Waste Economy: Business Leaders Commit to Circular Economy Action

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Denmark, Japan, the Netherlands and the United Arab Emirates have committed to joining a major global initiative to redesign the global “take-make-dispose” economy into a more circular one. They join over 50 government and business leaders who are part of the Platform for Accelerating the Circular Economy (PACE), which was launched at the World Economic Forum Annual Meeting 2018 in Davos.

PACE includes the heads of some of the world’s largest companies such as Royal Philips and Unilever; senior representatives from the governments of Indonesia, Nigeria, the People’s Republic of China and Rwanda; and heads of organizations, including the Ellen Macarthur Foundation, World Resources Institute, Global Environment Facility, UN Environment and World Bank.

All are committed to efforts that cut waste and pollution and fast-tracking circular economy solutions in which products and materials are redesigned, recovered and reused to reduce environmental impacts. Extending the life of products creates new business opportunities and revenue streams, while minimizing the environmental impact of mining, resource extraction, refining and manufacture.

Japan’s commitment comes as the second World Circular Economy Forum – hosted by the Ministry of the Environment of Japan and Finnish innovation fund Sitra – gets underway in Yokohama, Japan.

Japan is one of the most resource-efficient economies globally, and has recently launched its 4th Fundamental Plan for Establishing a Sound Material-Cycle Society a new public-private Plastics Smart campaign. The Netherlands government aims to achieve circularity by 2050 and halve the use of primary resources by 2030 and Denmark launched its Circular Economy Strategy and a related National Action Plan on Plastics. The UAE is committed to shaping strategic action to advance the circular economy.

To date, PACE, which is hosted and facilitated by the World Economic Forum, has catalysed major projects and collaborations to advance the circular economy, including the Global Plastics Action Partnership, which was launched in collaboration with the Friends of Ocean Action at the Forum’s Sustainable Development Impact Summit in New York. PACE is also focused on waste from electronics. In 2016, 44.7 million metric tonnes of e-waste was generated, equivalent to the weight of 4,500 Eiffel Towers. E-waste contains a number of toxic substances that can cause great harm to health. At the same time, the UN estimates that some 55 Billion Euro worth of secondary raw materials lays idle in e-waste.

Antonia Gawel, Head of the Circular Economy Initiative, World Economic Forum, said: “We have the knowledge, power and technologies to drive circular economy action. We just need to act more quickly and build partnerships to scale solutions. The Fourth Industrial Revolution offers great opportunities in this area – which is why PACE is excited to explore its potential with an expanding group of partners.”

Frans van Houten, Chief Executive Officer, Royal Philips, and PACE Co-Chair, said: “A circular economy is essential if we are to achieve global economic growth whilst stopping unsustainable resource consumption. Large corporations, SMEs and governments must collaborate to transform supply chains and the modern consumption economy. Philips is pleased to partner with private and public sector organizations through PACE enabling large-scale projects with firm commitments and decisive action.”

Naoko Ishii, Chief Executive Officer and Chairperson, Global Environment Facility (GEF), and PACE Co-Chair, said: “It is a real pleasure for me to welcome a growing network of governments to PACE.  The world urgently needs to move to a more Circular Economy, and PACE is a strong platform that brings together a broad coalition of stakeholders to accelerate action.”

Yoshiaki Harada, Minster of Environment, Japan, said: “We all have a common view on realizing a circular economy on a global scale by networking and accumulating knowledge and experience of public and private entities around the world. The Ministry of the Environment of Japan has decided to participate in PACE, and share our knowledge and experience globally. As part of our contribution to PACE, we would like to provide information on excellent actions, experiences and technologies of Japan’s public and private entities registered in our “Plastics Smart” Campaign.”

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Digital Technology Will Help Djibouti Leap into the Future

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Digital technology will have a critical part to play in boosting Djibouti’s socio-economic development and meeting the ambitious goals set out in its national strategy, Vision Djibouti 2035. As a key step toward building a strong, inclusive digital economy, the Government of Djibouti and the World Bank are co-hosting a high-level event that will explore the potential benefits of digital development and propose a concrete roadmap of action.

“Disruptive technologies are creating new business models, opening up new markets, and giving consumers access to more products and services than ever before. It is hard to overstate the economic potential of these transformations,” said Ilyas Moussa Dawaleh, Djibouti’s Ministry of Economy and Finance. “In a country like ours, developing a high-performing digital ecosystem will provide a unique chance to stimulate the economy and create jobs. The Digital Economy conference starting today will bring us one step closer to this vision.”

“The digital sector will be key to improving the lives of Djiboutian people, expanding our economy, and strengthening our position as a logistics and commercial hub. With eight submarine cable landing on our shores, there is no doubt Djibouti has what it takes to become a digital leader in the region,” noted Abdi Youssouf Sougueh, Minister of Communications. “We are keen to bring in development partners like the World Bank to leverage this infrastructure to the fullest and reinforce all the other fundamentals that are necessary to nurture a vibrant digital economy.”

The conference will bring together a wide range of government representatives, technology pioneers, and development partners. Building on this uniquely diverse combination of knowledge and global perspectives, participants will assess Djibouti’s digital landscape, share international best practices, discuss how technology can help modernize all sectors of the economy, and outline a clear strategy and action plan for digital development in the country.

“Countries around the world are leveraging digital innovation to accelerate economic growth and build a better future for people, and Djibouti is very well positioned to gain from that approach,” said Boutheina Guermazi, World Bank Director for Digital Development. “I am confident this event will pave the way for close collaboration on digital development between the Word Bank, Djibouti, and countries across the Middle East and Africa.”

In addition to discussing Djibouti’s opportunities and challenges, the event will also highlight the need for bolder action on digital development engagement across the region.

Sessions will cover all key dimensions of digital development, with a focus on how to strengthen the five pillars of the digital economy: digital infrastructure; innovation and entrepreneurship; digital financial services and identification; digital platforms; and digital literacy and skills.

“Technological innovation holds great promise for Djibouti. By harnessing the full power of the digital economy, the country could see significant GDP growth, create a future-proof labor market, and raise living standards for all segments of the population. We stand ready to work hand in hand with Djibouti on this journey, to help create the right conditions for a thriving digital sector,” said Atou Seck, World Bank Resident Representative in Djibouti.

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The first shopping tourism project in Mexico

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The World Tourism Organization (UNWTO) and the Municipality of León (Guanajuato, Mexico) have signed an agreement to carry out the country’s first project to develop Shopping Tourism, with the support of the Ministry of Tourism of the State of Guanajuato.

The project is expected to serve as an international reference point and as a showcase at major tourism forums.

The Tourism Observatory of the State of Guanajuato has been a member of the UNWTO International Network of Sustainable Tourism Observatories since 2014. At the World Tourism Organization’s General Assembly held in Medellín, Colombia, in September 2015, Guanajuato expressed its interest in being one of the destinations to develop a project on shopping tourism, and León was the selected destination in light of the fact that 27% of its tourists visit the city to go shopping.

The World Tourism Organization (UNWTO) is the United Nations agency responsible for the promotion of responsible, sustainable and universally accessible tourism.

The project will help León (Guanajuato, Mexico) to develop innovative shopping tourism offerings that link the public and private sectors and that highlight the destination’s tourism attractions and products as well as tourism’s contribution to socio-economic development, which includes the creation of jobs directly in the tourism sector and in the many activities related to the sector.

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Smart city matchmaking in Barcelona

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This year’s Smart City Expo World Congress (SCEWC), Europe’s biggest Smart City related event, takes place from 13 to 15 November in Barcelona and will, like previous editions,  attract several thousand stakeholders.

During the congress, on November 14, the Smart Cities Innovation Partnership on Smart Cities (EIP-SCC) will organise its next matchmaking event, seeking to bring projects and investors together to stimulate action. It is especially tailored to match individual projects with financing.

To take part, stakeholders must register on the matchmaking platform where they will join other cities, industry and financial players. Registered users need to submit short descriptions of their upcoming projects. A dedicated team will then process and match them with financiers’ interests, leading to one-to-one meetings, organised specifically and individually for them and their projects.

Should participation in above-mentioned event not be possible, the matchmaking platform will remain available also after the Barcelona congress, as the EIP-SCC will organise further matchmaking events in the future.

In addition, there will be an exhibition stand, where interested stakeholders can meet any of the 12 Horizon 2020 Lighthouse projects (representing € 270 million of EU funding), experts from the EIP-SCC, the Smart Cities Information System, as well as the European Commission.

Finally, there will be a number of sessions organised at the mentioned exhibition stand as part of the SCEWC programme covering a wide range of Smart City related topics. The full programme is available at http://www.smartcityexpo.com/en/agenda-2018.

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