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Circular economy finance: Clear winner or risky proposition?
Journal of Industrial Ecology ( IF 5.9 ) Pub Date : 2020-06-18 , DOI: 10.1111/jiec.13025
Paul Dewick 1, 2 , Magnus Bengtsson 3 , Maurie J. Cohen 4 , Joseph Sarkis 5, 6 , Patrick Schröder 7
Affiliation  

A major shift in private and public investment is needed to forge a transition to a circular economy. A recent surge of activity from policy makers, the financial industry, and other stakeholders suggests commitment and progress toward providing resources to facilitate this process. In this forum article, we provide a measured, and in some respects critical and corrective, assessment of these developments. We highlight the riskthat progress toward a circular economy will be curtailed by strategic decisions based on contestable understanding, fuzzy indicators, and inadequate information. Before major industry actors implement international investment standards, launch innovative financing vehicles, and ramp up investment, we call for more effective oversight to prevent the circular economy from becoming yet another compromised and ultimately ineffectual sustainability concept.

中文翻译:

循环经济金融:明确的赢家或冒险的主张?

为了实现向循环经济的过渡,需要对私人和公共投资进行重大转变。决策者,金融业和其他利益相关者最近的活动激增表明在提供资源以促进该过程方面的承诺和进步。在此论坛文章中,我们提供了对这些发展的经过评估的评估,并在某些方面提供了关键和纠正的评估。我们强调了基于可竞争的理解,模糊的指标和信息不足而做出的战略决策将限制发展循环经济的风险。在主要行业参与者实施国际投资标准,推出创新的融资工具并扩大投资之前,
更新日期:2020-06-18
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