Today, Circle Economy launches the Circularity Gap Report 2020 in Davos. Our world is now only 8.6% circular. Of all the minerals, fossil fuels, metals and biomass that enter it each year just 8.6% are cycled back. This has fallen from 9.1% in the two years since our annual report was first launched in 2018.
Circle Economy believes in a visionary future for our planet — one in which we do not have to compromise in order to achieve economic, social, and environmental prosperity. The Circularity Gap Reporting Initiative highlights the urgent need to transition to a circular economy. We aim to empower key decision makers in both government and business to coordinate action to accelerate that transition. We do this by measuring current states of circularity and by bringing together stakeholders from businesses, governments, academia and NGOs to input and evaluate our findings on the state of the transition based on the latest scientific evidence.