Our prevailing economic model is linear. Raw materials are taken from the earth to make products for sale, and when they reach the end of their useful life, they are thrown away. This 'take, make and dispose' approach is responsible for a tenfold increase in global emissions between 1900 and 2020, which are predicted to double again by 2030. It is based on the dangerous misconception that natural resources are infinite. The consequences are increasing waste and pollution, resulting in enormous environmental burdens that, in turn, lead to the climate crisis and loss of biodiversity. Should the world's population reach 9.6 billion by 2050, the equivalent of nearly three planets may be needed to provide the natural resources required to sustain current lifestyles.
SDG 12 aims to ensure sustainable consumption and production patterns. Against the backdrop of worsening resource scarcity, growing mountains of waste and increasing greenhouse gas emissions in the atmosphere, the circular economy model is the only realistic solution. The circular economy model is about decoupling economic growth from environmental degradation and increasing resource efficiency. With the approach of sharing, leasing, reusing, repairing, refurbishing and genuine recycling, the concepts to do more and better with less. SDG 12 also aims to increase sustainability reporting and decrease food waste, as well as fossil fuel subsidies.
Have a look at some of our investment solutions for SDG 12: #CircularEconomy, #3DPrinting or #GoVegan and read everything you need to know about our #raditags.
