The Circular Economy is about the reuse and conservation of resources already available to the economy in ways that drive productivity.
Next-Gen utility and mobility services are transforming communities around the world, offering innovation, jobs, economic growth and resilience and a circular approach to resource management.
Unlike the linear economy, a circular economy drives businesses, products and services opportunities through reuse and recycling including waste and water, renewably generating energy, keeping resources local for the environment and for people, sharing mobility and data. This creates an opportunity to make utilities and services cheaper for people and businesses.
Millions of people and tens of thousands of businesses are now participating in this high-tech innovative circular economic approach.
Rapid advancements in technology and innovation are propelling this economic transition, along with the obvious fact earth will run out of resources to meet the current needs of our growing human population – anticipated to exceed 9.8 billion by 2050.
While leading and innovative Australian businesses are part of this transition - including Open Cities own members: Flow Systems; Go Get; Opticomm; Arup; Smart Commercial Solar; Integral Group to name a few - a lot more work needs to be done right now for us to secure our place in the global Circular Economy 2.0.
Find out about our projects.
The Circular Economy can deliver AUD 1.4 trillion in cost savings by 2025 - Australia's share is estimated at $26B/yr
AUSTRALIA HAS A UNIQUE OPPORTUNITY TO LEAD THE CIRCULAR ECONOMY