Circle Economy, in collaboration with Deloitte Netherlands, has published today the Circularity Gap Report 2023 and the result is not pleasant. Due to rising material extraction and use the global situation is getting worse.
The global circular economy is shrinking from 9.1% in 2018 to 8.6% in 2020 and 2023 the global economy is now only 7.2% circular. To improve the situation the population must need to reduce global material extraction and consumption by 30%. It can be achieved if we use less, use longer, regenerate and use again.
Read the full report here.