Environmental benefits from circular economy
The circular economy offers a revolutionary method for rethinking how resources are managed, products are produced, and consumption is structured, all with the goal of minimizing greenhouse gas (GHG) emissions. Current strategies such as transitioning to renewable energy and enhancing energy efficiency address only 55 per cent of global emissions. The circular economy complements these efforts by targeting the remaining 45 per cent, which is particularly critical for material-intensive industries such as cement, plastics, steel, aluminum, and food production.
Vietnam has started drafting policy frameworks to support the development of circular cities, which aim to reduce waste and lower carbon footprints. The success of this strategy relies on strong collaboration between government entities, businesses, and local communities, working together to build a sustainable and zero-waste future.
Nguyen Dinh Tho
