{"id":243,"date":"2016-12-06T19:59:01","date_gmt":"2016-12-07T00:59:01","guid":{"rendered":"http:\/\/blog.uvm.edu\/semba\/?p=243"},"modified":"2016-12-06T19:59:01","modified_gmt":"2016-12-07T00:59:01","slug":"from-the-web-circular-economy-framework-could-give-india-a-competitive-advantage","status":"publish","type":"post","link":"https:\/\/blog.uvm.edu\/si-mba\/2016\/12\/06\/from-the-web-circular-economy-framework-could-give-india-a-competitive-advantage\/","title":{"rendered":"From the Web: Circular Economy Framework Could Give India a Competitive Advantage"},"content":{"rendered":"<p>A new report \u00a0by the\u00a0<strong>Ellen MacArthur Foundation<\/strong>\u00a0and the\u00a0<strong>United Nations Conference for Trade Development<\/strong>\u00a0(<strong>UNCTAD<\/strong>) has found that adopting <em><strong>circular economic principles<\/strong><\/em> would put India on a path to positive regenerative and value-creating development with annual benefits of US $624 billion in 2050 compared with the current development \u2014 equivalent to 30% of India\u2019s current GDP.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-244\" src=\"http:\/\/blog.uvm.edu\/semba\/files\/2016\/12\/Screen-Shot-2016-12-06-at-6.50.33-PM.png\" alt=\"screen-shot-2016-12-06-at-6-50-33-pm\" width=\"544\" height=\"338\" srcset=\"https:\/\/blog.uvm.edu\/si-mba\/files\/2016\/12\/Screen-Shot-2016-12-06-at-6.50.33-PM.png 544w, https:\/\/blog.uvm.edu\/si-mba\/files\/2016\/12\/Screen-Shot-2016-12-06-at-6.50.33-PM-300x186.png 300w, https:\/\/blog.uvm.edu\/si-mba\/files\/2016\/12\/Screen-Shot-2016-12-06-at-6.50.33-PM-483x300.png 483w\" sizes=\"auto, (max-width: 544px) 100vw, 544px\" \/><\/p>\n<p>\u201cTraditionally, the Indian economy has been one where reusing, re-purposing and recycling has been second nature. In a world that is increasingly running out of natural resources, this thinking is an asset that must be leveraged by businesses, policymakers and citizens in an organized manner and expanded to include other elements to make the economy truly circular,\u201d says\u00a0<strong>Shankar Venkateswaran,<\/strong>\u00a0chief of\u00a0<strong>Tata Sustainability Group<\/strong>.<\/p>\n<p>As a result of unprecedented economic dynamism and a rapidly expanding population, India \u2014 which is slated to become the fourth-largest economy in the world if current economic growth trends continue \u2014 faces significant questions about\u00a0<a href=\"http:\/\/www.sustainablebrands.com\/news_and_views\/cleantech\/news_deeply\/how_united_technologies_working_propel_us_toward_future_sustain\">urbanization<\/a>, resource scarcity and high levels of poverty, and will be required to make profound choices regarding the path to future development.<\/p>\n<p>The emerging powerhouse market could embark upon an industrialization path comparable to that of mature markets \u2014 albeit faster \u2014 complete with all of the associated negative externalities it entails. But this scenario is not inevitable. With its young population and emerging manufacturing sector, the country is well positioned to make systematic choices that would put it on a trajectory towards positive, regenerative and value-creating development.<\/p>\n<p><strong><a href=\"http:\/\/www.sustainablebrands.com\/news_and_views\/next_economy\/libby_maccarthy\/circular_economy_framework_could_give_india_competitive_\">Learn more<\/a><\/strong> &gt;&gt;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new report \u00a0by the\u00a0Ellen MacArthur Foundation\u00a0and the\u00a0United Nations Conference for Trade Development\u00a0(UNCTAD) has found that adopting circular economic principles would put India on a path to positive regenerative and value-creating development with annual benefits of US $624 billion in 2050 compared with the current development \u2014 equivalent to 30% of India\u2019s current GDP. \u201cTraditionally, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blog.uvm.edu\/si-mba\/2016\/12\/06\/from-the-web-circular-economy-framework-could-give-india-a-competitive-advantage\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;From the Web: Circular Economy Framework Could Give India a Competitive Advantage&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3919,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[425358,427000,425248,425622],"tags":[41478,4433],"class_list":["post-243","post","type-post","status-publish","format-standard","hentry","category-pop","category-from-the-web","category-green-leap","category-renewables","tag-innovation","tag-sustainability"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8b9n0-3V","_links":{"self":[{"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/posts\/243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/users\/3919"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/comments?post=243"}],"version-history":[{"count":1,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/posts\/243\/revisions"}],"predecessor-version":[{"id":245,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/posts\/243\/revisions\/245"}],"wp:attachment":[{"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/media?parent=243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/categories?post=243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/tags?post=243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}