Is ‘materials matching’ the new weapon in the climate war?

General Motors has generated nearly $1 billion in annual revenue by reusing and recycling its materials. Image: REUTERS/Sergei Karpukhin

General Motors has generated nearly $1 billion in annual revenue by reusing and recycling its materials. Image: REUTERS/Sergei Karpukhin

For corporate leaders who view the carbon-reduction goals of the Paris Agreement as an opportunity rather than a mandate, a new materials marketplace offers the chance to shrink environmental footprints while bolstering bottom lines.

If we’re going to reduce average global warming to 2 degrees Celsius, we’re going to need more efficient material flows. Material reuse and recycling offer additional strategies for reducing carbon, in part by reducing the emissions involved in extracting and transporting raw materials. If the United Nations Framework on Climate Change were to adopt material reuse as a carbon-reduction strategy, it would greatly accelerate interest from all sectors in establishing the circular economy/industrial ecology approach. Read more on the World Economic Forum website...