In June 2017, LWARB launched its Circular Economy Route Map to accelerate London’s transition to become a circular city.
London is growing fast. With the capital’s population predicted to reach over 11 million by 2050, a more flexible and sustainable approach to products, housing, office space and critical infrastructure is crucial to London’s ability to adapt and grow.
By 2036, the circular economy could provide London with net benefits of at least £7bn every year in the sectors of built environment, food, textiles, electricals and plastics, as well as 12,000 net new jobs in the areas of re-use, remanufacturing and materials innovation.
The Route Map recommends actions for a wide range of stakeholders, including London’s higher education, digital and community sectors as well as London’s businesses, social enterprises and its thriving finance sector. Some stakeholders are already signed up to deliver actions, but LWARB is looking for others to get involved and help make London a city where circular economy businesses can flourish.
The route map is an action-orientated document, developed in partnership with London stakeholders. An economic analysis of the route map estimated that the actions within it can contribute £2.8bn towards the £7bn opportunity identified.
In June 2017, the GLA published an updated Responsible Procurement Policy. The document is a high level strategic policy setting out the GLA Group’s plans, ambitions and commitments for ensuring continuous improvement in London, delivered through all the Group’s procurement activities, which supports the delivery of the Mayor’s commitments and related strategies. For the first time, the policy includes reference to the circular economy.
In August 2017, the GLA published it’s draft London Environment Strategy that covers air quality, green infrastructure, climate change mitigation and energy, waste, adapting to climate change, ambient noise and transition to a low carbon circular economy.
The GLA and LWARB have joined with circular economy thought leaders, the Ellen MacArthur Foundation, in order to give London the chance to network, share and learn from other cities, regions and businesses about the benefits of a circular economy.
For more information, contact:
Clare Ollerenshaw, Circular Economy Manager
020 7960 3686