The Prague Post - 'Throwaway economy' thwarting climate goals: report

EUR -
AED 4.321692
AFN 81.196674
ALL 96.971467
AMD 450.843974
ANG 2.106895
AOA 1079.099705
ARS 1725.161756
AUD 1.763186
AWG 2.118189
AZN 2.001117
BAM 1.957591
BBD 2.369267
BDT 143.189774
BGN 1.956447
BHD 0.44368
BIF 3465.59212
BMD 1.176772
BND 1.507579
BOB 8.146452
BRL 6.258187
BSD 1.176376
BTN 103.676844
BWP 16.618202
BYN 3.983244
BYR 23064.721749
BZD 2.365864
CAD 1.620791
CDF 3363.212795
CHF 0.935121
CLF 0.028544
CLP 1119.780014
CNY 8.377397
CNH 8.37693
COP 4598.905466
CRC 592.542061
CUC 1.176772
CUP 31.184445
CVE 110.881292
CZK 24.328564
DJF 209.136158
DKK 7.466409
DOP 74.077643
DZD 152.547846
EGP 56.692385
ERN 17.651573
ETB 169.336336
FJD 2.630316
FKP 0.868437
GBP 0.865027
GEL 3.178202
GGP 0.868437
GHS 14.391948
GIP 0.868437
GMD 82.951643
GNF 10190.841966
GTQ 9.017249
GYD 246.115148
HKD 9.155412
HNL 30.784518
HRK 7.536752
HTG 153.930817
HUF 389.590809
IDR 19265.514904
ILS 3.94282
IMP 0.868437
INR 103.701754
IQD 1541.570688
IRR 49483.242793
ISK 143.247971
JEP 0.868437
JMD 188.932837
JOD 0.834339
JPY 173.439656
KES 152.39157
KGS 102.908914
KHR 4715.323451
KMF 492.485946
KPW 1059.098696
KRW 1630.393345
KWD 0.359186
KYD 0.980297
KZT 635.751589
LAK 25500.639201
LBP 105379.889354
LKR 355.325054
LRD 209.67122
LSL 20.417153
LTL 3.4747
LVL 0.711817
LYD 6.348655
MAD 10.565937
MDL 19.568902
MGA 5266.052579
MKD 61.545016
MMK 2470.770777
MNT 4230.277824
MOP 9.425523
MRU 46.982583
MUR 53.531412
MVR 18.015296
MWK 2044.051961
MXN 21.607508
MYR 4.950087
MZN 75.179776
NAD 20.428938
NGN 1764.204315
NIO 43.199256
NOK 11.559374
NPR 165.882751
NZD 1.970998
OMR 0.452466
PAB 1.176376
PEN 4.109877
PGK 4.91479
PHP 67.317258
PKR 331.20211
PLN 4.24837
PYG 8398.683167
QAR 4.284331
RON 5.065179
RSD 117.167643
RUB 97.670791
RWF 1701.611615
SAR 4.413925
SBD 9.66955
SCR 16.807869
SDG 707.831014
SEK 10.91881
SGD 1.506591
SHP 0.924758
SLE 27.448216
SLL 24676.314655
SOS 672.526894
SRD 46.059423
STD 24356.794526
STN 24.947556
SVC 10.293329
SYP 15300.153012
SZL 20.417126
THB 37.444555
TJS 11.122475
TMT 4.1187
TND 3.409108
TOP 2.756119
TRY 48.615626
TTD 7.984304
TWD 35.549798
TZS 2907.45175
UAH 48.468928
UGX 4122.771537
USD 1.176772
UYU 47.212789
UZS 14568.431919
VES 188.574547
VND 31049.116497
VUV 140.71136
WST 3.233712
XAF 656.557623
XAG 0.027593
XAU 0.00032
XCD 3.180284
XCG 2.12014
XDR 0.818203
XOF 656.052377
XPF 119.331742
YER 281.95346
ZAR 20.435632
ZMK 10592.357151
ZMW 27.791424
ZWL 378.919949
  • RBGPF

    -1.2700

    76

    -1.67%

  • JRI

    -0.0365

    14.06

    -0.26%

  • BCC

    -0.5600

    85.12

    -0.66%

  • NGG

    0.0200

    71.62

    +0.03%

  • CMSC

    -0.0400

    24.32

    -0.16%

  • GSK

    -0.5300

    40.3

    -1.32%

  • RIO

    1.2800

    63.72

    +2.01%

  • BTI

    -0.5600

    56.03

    -1%

  • SCS

    0.0600

    16.87

    +0.36%

  • RELX

    0.3600

    46.86

    +0.77%

  • AZN

    -1.5100

    78.05

    -1.93%

  • CMSD

    0.0500

    24.45

    +0.2%

  • BCE

    -0.4700

    23.69

    -1.98%

  • RYCEF

    0.2200

    15.64

    +1.41%

  • BP

    0.3200

    34.21

    +0.94%

  • VOD

    -0.0400

    11.81

    -0.34%

'Throwaway economy' thwarting climate goals: report
'Throwaway economy' thwarting climate goals: report

'Throwaway economy' thwarting climate goals: report

Countries are neglecting the massive impact of the "throwaway" economy on planet-warming emissions, according to research published Wednesday that calculated more than half a trillion tonnes of virgin materials have been consumed since the 2015 Paris climate deal.

Text size:

From clothing to food, planes to buildings, research by the organisation Circle Economy estimates that 70 percent of greenhouse gas emissions are linked to the manufacturing and use of products.

But in its annual report on the state of the world's use of materials, researchers said national climate pledges to reduce emissions focus narrowly on fossil fuel use and ignore the mounting global appetite for stuff.

Matthew Fraser, head of research at Circle Economy, said the report aimed to look beyond just fossil fuel use and the transition to green energy and ask about the emissions implications of using fewer resources.

"What if we reimagine our relationship with stuff, what would that bring us? Actually, it is quite significant," he told AFP.

The report estimates that if the economy were more circular, reducing resource extraction and consumption by 28 percent, then the world could meet the Paris warming target of 1.5 degrees Celsius above pre-industrial levels.

But only a third of nations' climate pledges mention the circular economy as part of their emissions goals, the report said.

It warns that humanity is consuming 70 percent more virgin materials than the world can safely replenish.

- Economic 'metabolism' -

The analysis looks at global material flows based on national import and export figures and translates them into estimates of materials used -- and reused.

It calculates annual resource use has grown from 89.8 billion tonnes in 2016 to more than 100 billion tonnes in 2019 and estimated it at 101.4 billion last year.

Circle Economy found that almost all of the materials extracted go to waste, with just 8.6 percent of materials recycled in 2020, what they call the circularity gap.

That is an even lower proportion than in 2018, when reused materials were 9.1 percent of the total, as the global demand for more things surges.

"Even though we are getting more efficient with how we use materials -- computers are getting smaller, cars are becoming lighter, recycling is getting better -- these micro gains in efficiency just aren't stacking up relative to the total increasing demand," said Fraser.

The report identified a number of practices across sectors from food production to transportation that it said could help rein in the ever-expanding use of virgin materials.

Fraser said the model that enables people in richer countries to buy products from all over the world to be delivered within hours and days "will inevitably have to change".

The report also weighed strategies like enabling electrical goods -- which contain critical raw materials including gold, silver and cobalt -- to be repaired, redesigning items to be easier to recycle, restricting single-use plastics and renting items like cars rather than buying them.

One sector it identified as having a significant opportunity to reduce its materials footprint was buildings and construction, where Fraser said current practices were far from sustainable.

He said government policy would be needed occasionally to reconfigure the economic incentives that make reusing resources more expensive than using new ones -- stressing that this should be seen as an integral part of efforts to curb global warming.

But Fraser said for now the issue remains a significant blind spot for governments, which he said do not pull together data of their countries' materials footprint.

He added that people in the future may ask tougher questions about whether materials can be recycled before they are even used.

"Could we become more strict about the metabolism of our economy? Just like you wouldn't eat junk food all the time," he said.

"I think in the future that could become more and more prominent."

X.Vanek--TPP