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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: [email protected]
CircularAsia FB group
![FOR RENT Economy Circular Economy Infographic.pdf · the framework of a circular economy."[5] Global Partners Many major companies are embracing the circular economy shift by partnering](https://img.pdfslide.net/doc/110x75/6013459c7f9b4e43ae74bad4/for-rent-economy-circular-economy-the-framework-of-a-circular-economy5.jpg)
