An Urgent Global Issue
Waste is an urgent global issue. Per capita waste generation has risen markedly in 50 years and Canadians produce the most garbage per capita when compared to 16 other OECD nations - a whopping 777 kilograms per person per year (Conference Board of Canada, 2013).
A collective shift in thinking and action is needed away from waste management in a linear economy to waste prevention and whole-systems resource management in a circular economy.
Regenerative by design, a circular economy is a systems solution to waste –avoiding the end-of-life impact of waste production and management by eliminating waste in the first place. This shift holds significant potential for improving business competitiveness, innovation, job creation and economic development.
The Cost of Waste
Every year local governments in Canada spend approximately $3.2 billion managing 34 million tonnes of waste. For businesses waste affects the bottom line, cutting into business profits and revenues, and eroding their competitiveness in a global economy where it is getting harder to source relatively cheap and abundant materials and resources.