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This collection features a selection of inspiring examples of the circular economy, compiled in the context of the Switch to Circular Economy Value Chains programme (SWITCH).

Launched in 2020, SWITCH is a five-year initiative that assists EU multinational companies and their suppliers from developing countries to switch to more circular economy approaches and practices in three selected value chains: [Plastic Packaging](https://knowledge-hub.circle-lab.com/switchtocircular/search?collections=832%3D0&framework_elements__5=111), [Textile & Garments](https://knowledge-hub.circle-lab.com/switchtocircular/search?collections=832%3D0&framework_elements__5=99), and ICT and Electronics.

The overall objective of SWITCH is to support the “transformation towards a circular economy”, and to contribute to sustainable growth, low carbon and climate resilient development, decent jobs creation, and a safer, healthier and pollution-free environment.

SWITCH is co-funded by the European Union and the Government of Finland, and implemented by UNIDO, in collaboration with Chatham House, Circle Economy, and the European Investment Bank.
Learn more at www.switchtocircular.eu

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Switch to Circular Economy Value Chains

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Business case

Minimise waste through diversion: Instead of sending waste to landfill, it is redirected into other industrial processes for handling, treatment, recycling, recovery, or reuse in various forms. 

Minimise waste through design: At the outset of a process of project, plan and design such that there is zero waste or minimal waste during production, use, and at end of life. 

Minimise Waste (SDG12)

Producing textile and leather products and processing them into apparel and accessories

Fashion and Textiles

Producing basic and specialty chemicals, inks, agricultural chemical such as fertilisers and pesticides, plastics including packaging, and rubber

Chemical and Plastic

Using materials that can be easily reused or recycled after use

Reusable, recyclable materials and inputs

Transforming waste products into materials and lower value products within other industries

Open loop downcycling

Working together with industry peers to engage in business activities or exploratory projects that advance the circular economy

Joint industry ventures, projects, pilots

Impacts

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Industries

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The principles of a circular economy concern designing out waste, regenerating ecosystems and keeping items in use. Decoupling the economy from material flows—improving the rate of resource productivity faster than the economic growth rate—is also a consistent guide. By evolving with the growing number of applications of circular economy principles, and consolidating these strategies across thematic areas, Circle Economy’s Key Elements Framework (KE) renders the elements of the circular economy salient and serves as a basis to derive contextual strategies and interventions. 


The Framework consists of:
- Core Elements: Activities directly handling product or material flows; and uniquely,
- Enabling Elements: those that remove obstacles for core actors.


Key elements of the circular economy

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Circle Economy's framework of strategies and activities that define the circular economy

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Based on the work of [Bocken et al. (2016)](https://www.researchgate.net/publication/309699661_Product_design_and_business_model_strategies_for_a_circular_economy), the Four Flows Framework serves as a simple framework for managing resource flows in a circular economy by using less (Narrow), using for longer (Slow), using again (Cycle), and using clean, regenerative materials and energy (Regenerate).

These different principles of circular economy can be applied to our socioeconomic metabolism: we can design stocks like buildings, infrastructure, machinery, and vehicles to be rich resource mines for the future, and design manufactured goods and consumables to be cycled and made regenerative. Furthermore, the focus must also centre on getting more value out of fewer materials. Achieving the aims of a circular economy—minimising material use, regenerating the Earth, and preventing material losses—can be done through these four key strategies mentioned above.

Source: Circle Economy. (2023). *[The circularity gap report 2023](https://www.circularity-gap.world/2023)* (p.22). Amsterdam: Circle Economy. 

Four Flows Framework

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 The public DNV standard provides a best practice to certify the source and authenticity (Chain of Custody) of abandoned plastic and build trust in new products made from reclaimed plastic.  The problem of plastic garbage in our hydrosphere (oceans, rivers and lakes) is massive. Solving it requires ground-breaking technologies, significant efforts and resources. Moreover, extracting the plastic from oceans and rivers is only the first step in addressing one of the biggest threats to our world’s waters. There are currently trillions of pieces of plastic in our oceans with an estimated 8 million pieces added every day. Success hinges on the ability to extract more plastic at a greater scale and higher speed.The standardDNV’s Chain of Custody Standard for Plastics Retrieved in the Hydrosphere sets forth requirements to assure the traceability and integrity of reclaimed plastic from any body of water. The product certification provides proof of compliance. Organizations can share with confidence the source of the material and that it has not been mixed with any other components after extraction from a specific location.The standard covers three main components:Material integrity: Material gathered from the specified body of water has not been mixed with material from other sources before being manufactured into a new product.Traceability: Location, integrity, mass and use of the plastic is made traceable from water to shore and as part of a new product.Systemic approach: Management system in place that enables full traceability of material characteristics along the supply chain.The standard has been developed in partnership with The Ocean Cleanup, who has been the first to apply it and seek certification for its reclaimed plastic from The Great Pacific Garbage Patch. However, the standard is public and can be followed by any organization retrieving plastic from the hydrosphere, i.e. oceans, rivers or lakes.BenefitsProvide proof of your plastic’s source and authenticity (material integrity) certified by an independent party.Differentiate your reclaimed plastic from that of less serious players.Allow anyone to trace the plastic back to its extraction site and view its onward journey.Create a level of transparency that enables customers to trust that their purchases really help make an ocean, river or lake cleaner from plastic waste.How to get certified?When an organization has implemented the appropriate processes to meet the standard’s criteria and agreed scope for its extracted plastic, DNV as an independent third party can certify the plastic. This product certification provides proof that the reclaimed plastic comes from the specific body of water indicated, has not been mixed with other materials, and is the actual material used in a new product, if this is its final purpose.To trace the plastic’s source and assure material integrity, the scope covers the entire value chain and life cycle:Harvest and ExtractionTransport and SortingRecycling and TestingManufacturing and ShippingBased upon the location and value chain complexity, DNV auditors will mix physical audits, visual inspection and digital tools to collect the data needed to certify the traceability and authenticity of the reclaimed plastic.Photo: The Ocean Cleanup 

 The plastic turned sunglasses made from the Great Pacific Garbage Patch has been certified by DNV GL so buyers can be certain of both origin and authenticity.    The certification of the sunglass frames has been done to requirements in the chain of custody standard for plastics retrieved from the hydrosphere. This is a public standard that can be used by any organization to certify the traceability and material integrity of plastic reclaimed from oceans, rivers and lakes.“Extracting plastic is only the first step in addressing a serious threat to our oceans and rivers. Turning trash into treasures is critical to fund further cleanup. With trillions of pieces of plastic in our oceans, a dramatic scaling of extraction is needed. Certification builds trust into the authenticity of the reclaimed plastic and new products made from it,” says Luca Crisciotti, CEO of DNV GL-Business Assurance.Third party certification to the standard helps organizations prove to customers the source of the material and that it has not been mixed with any other components after extraction before manufactured into a new product. And that the overall weight of the plastic captures remains somewhat constant. It also ensures that that the plastic can be traced all the way back to the location where it was extracted. Companies who want to be certified, must first implement processes and system to meet the requirements of the standard.Extracting the necessary amounts of plastic requires ground-breaking technologies, significant efforts and resources. For customers who want to contribute and buy products made with reclaimed plastic, certification by an independent third party assures them that the product is in fact authentic.“We started working with the Ocean Cleanup almost two years ago to build a thorough understanding of the process and need before designing the standard. For everything to come full circle and finally see the garbage turn into a pair of sunglasses made from certified reclaimed plastic is extremely rewarding,” says Luca Crisciotti.Photo: The Ocean Cleanup 

Bangladesh

Shakhipur

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We are the pioneer of Polyester Staple Fiber Production technology in Bangladesh. We are a well-tuned team of Technical engineers with a great Management system.

Maliha Poly Tex

<p>Maliha Poly Tex turns post consumer PET bottles and other PET waste into polyester staple fiber (PSF) in its factory in Shakhipur, Tangail in Bangladesh.</p>