The Davos Agenda, an event organized by the World Economic Forum, is a pioneering way of mobilizing world leaders to shape the prinicipals, policies, and partners needed to address the challenges of the new global context. It is essential for leaders of all walks of life in 2021 to work together for a more inclusive, connected and sustainable future. COVID-19 and the economic recession have exacerbated trade tensions, and inequality and uncertainty have marked the past year. The economy of the future will depend on the success of tackling the inequalities and environmental burdens in question. The Davos Agenda brought together world leaders from 25 to 29 January 2021 to discuss these challenges – in this case, how we can promote a just, lasting and inclusive economic recovery.
Creating a circular economy offers a way to formalize and improve the living and working conditions of people working in the informal recycling sector. Research says the circular economy could create up to 4.8 million jobs in Latin America. In Chile, they have set themselves the goal of creating more than 180,000 formal jobs from the circular economy by 2040, for example through repairs, a key part of the circular economy. This will help them achieve the goal of increasing the recycling rate from 4% to 65%, which is crucial for their economic prosperity and building a future with a focus on decent work. The dream of living in a waste-free world requires a shift to a circular economy, where waste and process pollution are abandoned and products and materials are kept in use, ensuring the restoration of natural systems. Wherever we live, the circular transition is crucial to building a resilient economy, protecting social welfare and mitigating the climate crisis. However, you can take particular account of middle-income countries in terms of the impact on jobs and the particular vulnerability to the effects of climate crises. Understanding these opportunities brings us one step closer to the change that the circular transition can bring.
The Circular Economy Agenda, which will start this week, will set the way forward for business, government and civil society. To learn more about circular eating options, join the February 4 event presentation.