The Circular Economy EU & Malaysia Trade Opportunities

The Circular EconomyEU & Malaysia Trade Opportunities

The Circular EconomyThe Asian Century

1. Each of these seven countries must make the right economic and political decisions to be a member of the ‘club’

2. The ‘balance of power’ for sustainability / circular economy resides in Asia, not in western countries.

An Asian Circular

EconomyEU TradeMission

Renewable Energy

Reprocessing Facilities...

...Including Waste Textiles

EU + Malaysia - SME Trade Partnerships

246+ Circular Companies Listed 246+ Circular Trade Opportunities

Malaysia Circular Economy Government PoliciesTransition jobs from linear to circular jobs

Entrepreneurship will play a key role

Training is vital to develop skills

The Number One Priority

The circular economy is a multi-ministry approach:

economic development, investment and FDI

1. Ministry of Energy, Science, Technology, Environment & Climate Change

2. Ministry of Economic Affairs3. Ministry of International Trade & Industry4. Ministry of Investment Development Authority5. ++++

The Number Two Priority

The Malaysian circular economy will need to include policies on

RESOURCE RECOVERY AND

WASTE REDUCTION RESPONSIBILITIES

(not recycling, but circular systems)

The Number Three Priority

It is strongly recommended the Malaysian circular economy

include education, skills training & SME development

Malaysia has numerous government departments and organisations that can be

mobilised to achieve this goal

The report focuses on 4 industries:

1. Vehicle components2. Printer cartridges3. Information & Communication Technology4. Aerospace

And states these 4 industry sectors alone will add RM 3.8 ~ 4 billion annually to Malaysia’s economy, yet remanufacturing could add much more value to all industry sectors

Remanufacturing would unlock potential in...

...and The Internet of Things

Circular Economy Add Value to Malaysian Services Sector

We Are

JustGettingStarted

On The

EndlessPossibilities

AndOpportunities

Two Reports Cite Lack of Data

★ In 2018 the OECD published a report investigating the accounting methods used in citing the economic benefits of the circular economy. The conclusion: lack of data makes it difficult to verify the claims

★ In 2019 the UN also concluded the lack of data made it difficult to measure Asia’s progress towards the SDG goals

An Opportunity for Collaboration

★ While this lack of data is important, it presents an opportunity to Malaysia to ramp up and contribute to the global circular economy movement in ways not considered previously.

It would also engage all government ministries, provide huge insights into the Malaysia economy and enable better economic decisions

The only Plastics & Packaging

Agreement that aims to establish

a sustainable & circular plastics &

packaging industry in each country in Asia

Not just set company targets!

Recyclable ResourceRecovery Collection System (RRRCS)

A wholistic and comprehensive approach to resource recovery for the Asian region.

RRRCS includes...

Your circular economy partner in Asia: - Education- Training- Consultancy- ‘The Nine Steps Towards a

Circular Business’ Workshops

Circular Malaysia FB

Recycle Asia FB

Circular Asia YouTube

@CircularAsia

Contact: adrienna@circulareconomyasia.org

CircularAsia FB group