Deloitte and Circle Economy Foundation released the Circularity Gap Report 2024, finding the vast majority of extracted materials entering the economy are virgin, with the share of secondary materials declining steadily since the Circularity Gap Report began in 2018. The report identifies three main areas where reforms can help accelerate progress toward the circular economy: policy, finance, and employment. The decline in circularity continues despite the concept of a circular economy—one that aims to help reduce consumption of virgin materials and keep materials in circulation—growing in popularity, with the volume of discussions, debates…
Read MoreStudy: Global circularity still in decline despite circular economy ‘megatrend’
