In a World Economic Forum Agenda article, Henrik Hvid Jensen discusses, why digitalization is critical to creating a global circular economy.
The circular economy offers new principles for doing business in a systematic, resource-preserving way that make good business sense and reduce environmental impacts substantially.
A shared interoperable digital backbone for the circular economy will increase business benefits, accelerate the positive impact on the environment, and make more circular economy business models attractive.
The digitalization of the circular economy cannot be postponed; we do not need more conferences, reports, and calculations. Our planet and the many people suffering from climate change require us to act now.
Governments, global organizations, industry associations and leading enterprises must take the initiative to ensure focused, accelerated, and responsible digitalization of the circular economy. That is the only way we can reach our ambitious climate goals and save our planet.
Read the full World Economic Forum Agenda article.