The circular economy transition requires leadership through the entire economy, including governments, business, and civil society. PACE convenes a global leadership group committed to advancing this transition and working together to overcome specific barriers to progress.
PACE catalyzes projects and support affiliated partners led projects to scale-up circular economy action on plastics, electronics & capital equipment, food & agriculture and textiles & fashion. Active projects are already underway in China, Africa, ASEAN, Latin America and Europe.
PACE will capture learnings from projects and translate into replicable frameworks and approaches. Knowledge generated from mapping exercises across thematic areas, facilitation of cross-learnings and disseminating approaches will inform action and better enable scaling of circular solutions.
“Global material resource use during the 20th century rose at about twice the rate of population growth. Furthermore, we have seen a global “recoupling” of economic growth with resource consumption in the past decade, meaning that more resources are being consumed for every additional unit of GDP1. Should this trend continue, raw material demand is projected to double by 2050 just to maintain current levels of economic growth.”