REVIEW OF CIRCULAR ECONOMY HOTSPOT CONFERENCE

The Netherlands passed the baton to Luxembourg to become the 2017 hotspot for the circular economy. Initiated by Circle Economy in 2016, Luxembourg became the first country to follow-up and exhibit the progress they have made over the past two years towards becoming a circular hotspot.

“It was an honour to welcome the international circular economy community in Luxembourg as we are eager to share our experiences, projects and co-creation processes with such a diverse crowd. The event was a great success and allowed us to receive a lot of feedback on our efforts and to benefit from the input from circular experts from around the world as well as to raise awareness in Luxembourg. We are proud to have contributed to the transition to a circular economy and the creation of new ideas and networks. We certainly made a lot of new friends and are looking forward to visit Scotland for the Hot Spot Event in 2018.” Christian Tock, PhD, Attaché, Director Sustainable Technologies, Ministry of the Economy

CIRCULARITY IN ACTION

The largest part of the programme of the hotspot was devoted to project and company visits that gave participants insight into Luxembourg’s circular innovations and demonstrated how enterprises and other stakeholders can be an engine for change.

One option was the opportunity to go to the city of Wiltz, the communal Hot Spot for circular economy in Luxembourg. Here both public and private actors are participating in pilot projects using the city as a sort of “road test” for the country. There delegates saw how Wiltz has set up original multi-sectoral pilot projects that engage the city, its citizens and the companies located in the Saalzbach industrial estate.

What is a circular economy ?

The foundation of circular economy thinking is to move away from the “take, make and dispose” extractive industrial model that the world has accepted as the way of doing things. This highly unsustainable model has taken the planet to the brink of catastrophe. Circular economy thinking and methodology considered a cradle-to-cradle approach that is restorative and regenerative by design. It heavily relies on continuous innovation across the board – in all aspects of our lives from social to industrial. In terms of industry it makes the argument that is not only a more viable and ecological but potentially more lucrative and logical way of conducting business. It aims to redefine products and services to design waste out, while minimising negative impacts. Underpinned by a transition to renewable energy sources, the circular model builds economic, natural and social capital.

The circular economy is an important step forward for all of us. Therefore we are seeking greater participation from our economic and political allies from both the Greater Region and the entire Benelux union. Let’s make progress together.
Communiqué Luxinnovation