Resource efficiency and circular economy are powerful strategies that can effectively minimise dependence on natural resources, curtail waste and encourage sustainable design practices. In the collective global endeavour to ensure sustainable development and realise the Sustainable Development Goals, decoupling resource utilisation from economic growth is going to be the key. Recognising the need to switch from the ‘take-make-dispose’ to ‘reduce-reuse-recycle’ model, India has prioritised ‘Resource Efficiency and Circular Economy’ as one of the three core themes for deliberations in the G-20 forum.
India has embraced four priority areas for the circular economy during its G-20 presidency: circularity in the steel sector; Extended Producer Responsibility (EPR); circular bioeconomy and establishing an industry-led resource efficiency and circular economy industry coalition. There is now heightened recognition of resource efficiency and circular economy strategies within the G-20 community.
