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Resource Association and Sinvestec to help drive next phase of Circular Economy Task Force

Date: Mon, 6 Oct 2014 | Author: Paul Sanderson

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The Circular Economy Task Force has launched the next phase of its work in which it will analyse the barriers presented by government machinery to a resource efficient circular economy in the UK.

Trade body the Resource Association and financial company Sinvestec have joined the group to help expand the expertise into the mechanics of resource recovery and the investment opportunities offered by a circular economy.

Current members include Boots, Kyocera, Unilever, Viridor, Veolia Environmental Services and WRAP. It was set up by Green Alliance in 2012.

Over the past two years, the Circular Economy Task Force has been vocal on the economic opportunities of recovering more materials from end of life products and it has influenced both business and government thinking, with recent reports by the Conservatives and the Environmental Audit Committee reflecting its recommendations.

In the next two years, the Circular Economy Task Force is shifting its focus to look specifically at government institutions and the reforms necessary to bring about a step change in the UK’s resource efficiency.

Its previous analysis has shown poor recycling systems alone are losing the UK £1.7 billion a year and action by government to solve the problem is needed.

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