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Why rethinking the economy starts in the city | Julia Vol | TEDxTorinoSalon


I would like to start with a question by

I would like to start with a question by a quick show of hands how many of you

a quick show of hands how many of you

a quick show of hands how many of you live in a city I guess most of you are

live in a city I guess most of you are

live in a city I guess most of you are and what are the things we love most

and what are the things we love most

and what are the things we love most about our life in a city it allows us

about our life in a city it allows us

about our life in a city it allows us access to diversity in choice

access to diversity in choice

access to diversity in choice opportunities and everything is closed

opportunities and everything is closed

opportunities and everything is closed now what some of the things we don’t

now what some of the things we don’t

now what some of the things we don’t like or maybe even hate about our life

like or maybe even hate about our life

like or maybe even hate about our life in a city traffic pollution noise it’s

in a city traffic pollution noise it’s

in a city traffic pollution noise it’s expensive now today I would like to

expensive now today I would like to

expensive now today I would like to share with you the idea that changing

share with you the idea that changing

share with you the idea that changing the way we use and view our assets and

the way we use and view our assets and

the way we use and view our assets and products in a city we can use some of

products in a city we can use some of

products in a city we can use some of the things we most love about our life

the things we most love about our life

the things we most love about our life in a city and pack all the things we

in a city and pack all the things we

in a city and pack all the things we don’t love and make cities a better

don’t love and make cities a better

don’t love and make cities a better place for everyone in the near future I

place for everyone in the near future I

place for everyone in the near future I myself lived in many cities around the

myself lived in many cities around the

myself lived in many cities around the world I was born in Moscow and I grew up

world I was born in Moscow and I grew up

world I was born in Moscow and I grew up in Jerusalem

in Jerusalem

in Jerusalem I spent my 20s in Reykjavik Iceland and

I spent my 20s in Reykjavik Iceland and

I spent my 20s in Reykjavik Iceland and I enjoyed two years of living in

I enjoyed two years of living in

I enjoyed two years of living in Copenhagen these days I spent most of my

Copenhagen these days I spent most of my

Copenhagen these days I spent most of my time in London and living in so many

time in London and living in so many

time in London and living in so many different places so many different

different places so many different

different places so many different cities around the world really helped me

cities around the world really helped me

cities around the world really helped me to shape my view and to know what do I

to shape my view and to know what do I

to shape my view and to know what do I like about cities what I don’t like

like about cities what I don’t like

like about cities what I don’t like about cities and what I would envision

about cities and what I would envision

about cities and what I would envision doing differently so it was only natural

doing differently so it was only natural

doing differently so it was only natural for my career to revolve around cities

for my career to revolve around cities

for my career to revolve around cities and it helps me to put the vision of

and it helps me to put the vision of

and it helps me to put the vision of what a good city life into action every

what a good city life into action every

what a good city life into action every day and today I would like to share this

day and today I would like to share this

day and today I would like to share this vision with you so if you can please

vision with you so if you can please

vision with you so if you can please turn on your imagination and join me to

turn on your imagination and join me to

turn on your imagination and join me to the journey to this future city imagine

the journey to this future city imagine

the journey to this future city imagine you wake up in a house that is

you wake up in a house that is

you wake up in a house that is constructed from completely clean and

constructed from completely clean and

constructed from completely clean and safe materials this house was designed

safe materials this house was designed

safe materials this house was designed to fit your needs and it can be easily

to fit your needs and it can be easily

to fit your needs and it can be easily changed as your needs throughout your

changed as your needs throughout your

changed as your needs throughout your lifetime change if you have a child or

lifetime change if you have a child or

lifetime change if you have a child or your spouse moved in and out adding or

your spouse moved in and out adding or

your spouse moved in and out adding or removing a room is not a problem and

removing a room is not a problem and

removing a room is not a problem and then you never have to move additionally

then you never have to move additionally

then you never have to move additionally because you

because you

because you house is constructed from materials that

house is constructed from materials that

house is constructed from materials that can be reused the construction of the

can be reused the construction of the

can be reused the construction of the house is cheaper and makes it more

house is cheaper and makes it more

house is cheaper and makes it more affordable on your way to work you don’t

affordable on your way to work you don’t

affordable on your way to work you don’t need to drive anymore because a good

need to drive anymore because a good

need to drive anymore because a good constructed public transportation system

constructed public transportation system

constructed public transportation system is not making driving pointless because

is not making driving pointless because

is not making driving pointless because it’s cheaper and more convenient to

it’s cheaper and more convenient to

it’s cheaper and more convenient to commute in a public transport if you do

commute in a public transport if you do

commute in a public transport if you do decide that you would like to take a car

decide that you would like to take a car

decide that you would like to take a car you take up a phone and you press a

you take up a phone and you press a

you take up a phone and you press a button within minutes a car appears at

button within minutes a car appears at

button within minutes a car appears at your doorstep and it drives you to work

your doorstep and it drives you to work

your doorstep and it drives you to work and then drives off you don’t need to

and then drives off you don’t need to

and then drives off you don’t need to worry about looking for parking or maybe

worry about looking for parking or maybe

worry about looking for parking or maybe paying insurance or maintaining your car

paying insurance or maintaining your car

paying insurance or maintaining your car in our future city traffic jams

in our future city traffic jams

in our future city traffic jams pollution noise all now belong to the

pollution noise all now belong to the

pollution noise all now belong to the past you arrive to work and you share

past you arrive to work and you share

past you arrive to work and you share your office with other companies many of

your office with other companies many of

your office with other companies many of your colleagues are travelling a lot or

your colleagues are travelling a lot or

your colleagues are travelling a lot or they working from home so you use the

they working from home so you use the

they working from home so you use the spare capacity to share your office with

spare capacity to share your office with

spare capacity to share your office with other companies in a similar situation

other companies in a similar situation

other companies in a similar situation it allows you to cut the bills and

it allows you to cut the bills and

it allows you to cut the bills and create a much more vibrant business

create a much more vibrant business

create a much more vibrant business environment around you on your way to

environment around you on your way to

environment around you on your way to lunch you go to a local makers cafe it’s

lunch you go to a local makers cafe it’s

lunch you go to a local makers cafe it’s an old building that has been repurposed

an old building that has been repurposed

an old building that has been repurposed and now it’s the innovation hub young

and now it’s the innovation hub young

and now it’s the innovation hub young entrepreneurs can have access to

entrepreneurs can have access to

entrepreneurs can have access to expensive innovation technology such as

expensive innovation technology such as

expensive innovation technology such as 3d printing and it gives them a space to

3d printing and it gives them a space to

3d printing and it gives them a space to share their ideas collaborate together

share their ideas collaborate together

share their ideas collaborate together and it maintains a vibrant be innovative

and it maintains a vibrant be innovative

and it maintains a vibrant be innovative environment in the city in order for

environment in the city in order for

environment in the city in order for them to pay their bills they operate a

them to pay their bills they operate a

them to pay their bills they operate a lunch cafe they collect a surplus of

lunch cafe they collect a surplus of

lunch cafe they collect a surplus of food from hotels and supermarkets nearby

food from hotels and supermarkets nearby

food from hotels and supermarkets nearby and they make lunch out of it as you

and they make lunch out of it as you

and they make lunch out of it as you walk home you decide it’s time to put up

walk home you decide it’s time to put up

walk home you decide it’s time to put up on the wall the picture of your family

on the wall the picture of your family

on the wall the picture of your family you took over the weekends so you

you took over the weekends so you

you took over the weekends so you stopped by a local to library and you

stopped by a local to library and you

stopped by a local to library and you pick up a drill you use a drill maybe

pick up a drill you use a drill maybe

pick up a drill you use a drill maybe once or twice a year so having one at

once or twice a year so having one at

once or twice a year so having one at home is really pointless if you can just

home is really pointless if you can just

home is really pointless if you can just access one for a couple of coins

access one for a couple of coins

access one for a couple of coins whenever you need it as you make dinner

whenever you need it as you make dinner

whenever you need it as you make dinner you pop upstairs to the rooftop of your

you pop upstairs to the rooftop of your

you pop upstairs to the rooftop of your building there is a communal garden

building there is a communal garden

building there is a communal garden there the organic waste of the bill

there the organic waste of the bill

there the organic waste of the bill has been collected and is turning the

has been collected and is turning the

has been collected and is turning the compost that nourishes this garden the

compost that nourishes this garden the

compost that nourishes this garden the kids in that live in the building they

kids in that live in the building they

kids in that live in the building they love to take care of it and it creates a

love to take care of it and it creates a

love to take care of it and it creates a really nice sense of community for the

really nice sense of community for the

really nice sense of community for the business building residents and the

business building residents and the

business building residents and the fresh ingredients for dinner

fresh ingredients for dinner

fresh ingredients for dinner are really just a bonus just before

are really just a bonus just before

are really just a bonus just before going to bed you decide that is perhaps

going to bed you decide that is perhaps

going to bed you decide that is perhaps time for laundry so you take up your

time for laundry so you take up your

time for laundry so you take up your phone again and you press another button

phone again and you press another button

phone again and you press another button and you reserve the building’s laundry

and you reserve the building’s laundry

and you reserve the building’s laundry machine you do laundry twice three times

machine you do laundry twice three times

machine you do laundry twice three times a week so really having a washing

a week so really having a washing

a week so really having a washing machine in your house doesn’t make much

machine in your house doesn’t make much

machine in your house doesn’t make much sense instead you pay monthly

sense instead you pay monthly

sense instead you pay monthly subscription and you have access to one

subscription and you have access to one

subscription and you have access to one whenever you need it without worrying

whenever you need it without worrying

whenever you need it without worrying about breakage or leakage or upgrading

about breakage or leakage or upgrading

about breakage or leakage or upgrading for the next one laundry time is done

for the next one laundry time is done

for the next one laundry time is done and it’s time to go to bed and now we

and it’s time to go to bed and now we

and it’s time to go to bed and now we can all close our eyes and wake up back

can all close our eyes and wake up back

can all close our eyes and wake up back to our reality do you think this some

to our reality do you think this some

to our reality do you think this some sort of science fiction or perhaps a

sort of science fiction or perhaps a

sort of science fiction or perhaps a product of my imagination

product of my imagination

product of my imagination well actually each and one of these

well actually each and one of these

well actually each and one of these elements of this vision already been

elements of this vision already been

elements of this vision already been practiced today by cities around the

practiced today by cities around the

practiced today by cities around the world there is not one city that has all

world there is not one city that has all

world there is not one city that has all of it together but increasingly so

of it together but increasingly so

of it together but increasingly so cities and businesses discovered the

cities and businesses discovered the

cities and businesses discovered the great opportunity to rethink our

great opportunity to rethink our

great opportunity to rethink our operational model interesting how do we

operational model interesting how do we

operational model interesting how do we view and use assets materials products

view and use assets materials products

view and use assets materials products and data in our cities and to find a way

and data in our cities and to find a way

and data in our cities and to find a way to keep them at the highest utility and

to keep them at the highest utility and

to keep them at the highest utility and value at all times generating positive

value at all times generating positive

value at all times generating positive social economic and environmental

social economic and environmental

social economic and environmental business by doing so I work for a global

business by doing so I work for a global

business by doing so I work for a global think tank called the Ellen MacArthur

think tank called the Ellen MacArthur

think tank called the Ellen MacArthur Foundation and it’s our mission to

Foundation and it’s our mission to

Foundation and it’s our mission to promote the transition towards the

promote the transition towards the

promote the transition towards the circular economy what is the circle

circular economy what is the circle

circular economy what is the circle economy it’s a new economic paradigm

economy it’s a new economic paradigm

economy it’s a new economic paradigm that looks for ways to design the

that looks for ways to design the

that looks for ways to design the concept waste out of our production and

concept waste out of our production and

concept waste out of our production and consumption systems what do we mean by

consumption systems what do we mean by

consumption systems what do we mean by that if we look at our current economic

that if we look at our current economic

that if we look at our current economic model we take materials from the ground

model we take materials from the ground

model we take materials from the ground we use them typically once and then we

we use them typically once and then we

we use them typically once and then we throw them away it’s a linear model and

throw them away it’s a linear model and

throw them away it’s a linear model and it’s a source of many of the problems we

it’s a source of many of the problems we

it’s a source of many of the problems we experience today from environmental

experience today from environmental

experience today from environmental degradation to pollution

degradation to pollution

degradation to pollution – the inability to meet the needs of our

– the inability to meet the needs of our

– the inability to meet the needs of our growing population in a world with

growing population in a world with

growing population in a world with limited resources

limited resources

limited resources additionally the linear model is

additionally the linear model is

additionally the linear model is extremely wasteful once a material or

extremely wasteful once a material or

extremely wasteful once a material or product has been burned or buried in the

product has been burned or buried in the

product has been burned or buried in the ground it has lost its economic value

ground it has lost its economic value

ground it has lost its economic value forever in the face of these

forever in the face of these

forever in the face of these disadvantages we believe that it’s

disadvantages we believe that it’s

disadvantages we believe that it’s possible to transition away from this

possible to transition away from this

possible to transition away from this wasteful a linear model into one that is

wasteful a linear model into one that is

wasteful a linear model into one that is better that is regenerative and

better that is regenerative and

better that is regenerative and restorative by intention and by design

restorative by intention and by design

restorative by intention and by design we call it the circular economy and we

we call it the circular economy and we

we call it the circular economy and we believe we can achieve that by applying

believe we can achieve that by applying

believe we can achieve that by applying three key principles to economic

three key principles to economic

three key principles to economic activity one design that wastes and

activity one design that wastes and

activity one design that wastes and pollution to find the process to keep

pollution to find the process to keep

pollution to find the process to keep our materials and products at the

our materials and products at the

our materials and products at the highest value at all times and three we

highest value at all times and three we

highest value at all times and three we generate our natural systems now when we

generate our natural systems now when we

generate our natural systems now when we talk about wastes we often think about

talk about wastes we often think about

talk about wastes we often think about some trash floating out of our garbage

some trash floating out of our garbage

some trash floating out of our garbage can

can

can but actually most of our waste today is

but actually most of our waste today is

but actually most of our waste today is one that is structured and embedded into

one that is structured and embedded into

one that is structured and embedded into our daily systems and one we don’t even

our daily systems and one we don’t even

our daily systems and one we don’t even think on notice our urban mobility

think on notice our urban mobility

think on notice our urban mobility system is one such example and I would

system is one such example and I would

system is one such example and I would like to use it to demonstrate how the

like to use it to demonstrate how the

like to use it to demonstrate how the circle economy can come alive by a quick

circle economy can come alive by a quick

circle economy can come alive by a quick show of hands how many of you came here

show of hands how many of you came here

show of hands how many of you came here today by car

today by car

today by car I guess about half of you which means

I guess about half of you which means

I guess about half of you which means that at the moment there are tens of

that at the moment there are tens of

that at the moment there are tens of cars standing in the parking lot

cars standing in the parking lot

cars standing in the parking lot unused an idle in fact in Europe we use

unused an idle in fact in Europe we use

unused an idle in fact in Europe we use our cars only eight percent of the time

our cars only eight percent of the time

our cars only eight percent of the time and when we do drive our cars we almost

and when we do drive our cars we almost

and when we do drive our cars we almost do it always alone as car occupancy

do it always alone as car occupancy

do it always alone as car occupancy levels are just 1.5 meanwhile we spend

levels are just 1.5 meanwhile we spend

levels are just 1.5 meanwhile we spend billions dealing with problems of

billions dealing with problems of

billions dealing with problems of congestion and time loss

congestion and time loss

congestion and time loss we have budgets to build new roads and

we have budgets to build new roads and

we have budgets to build new roads and parking lots and we spent a lot of

parking lots and we spent a lot of

parking lots and we spent a lot of resources to deal with problems

resources to deal with problems

resources to deal with problems associated with traffic pollution from

associated with traffic pollution from

associated with traffic pollution from health perspective to the environmental

health perspective to the environmental

health perspective to the environmental problems and even when you look at the

problems and even when you look at the

problems and even when you look at the car itself it is vastly resource

car itself it is vastly resource

car itself it is vastly resource intensive for manufacturing and

intensive for manufacturing and

intensive for manufacturing and operation

operation

operation especially when accounting for the low

especially when accounting for the low

especially when accounting for the low utilization rates now that we’ve

utilization rates now that we’ve

utilization rates now that we’ve identified the challenges and the

identified the challenges and the

identified the challenges and the problems with the system let’s think how

problems with the system let’s think how

problems with the system let’s think how we can rethink it by applying the

we can rethink it by applying the

we can rethink it by applying the principles of the circular economy what

principles of the circular economy what

principles of the circular economy what do we mostly need from our cars we need

do we mostly need from our cars we need

do we mostly need from our cars we need them to bring us safely time and cost

them to bring us safely time and cost

them to bring us safely time and cost efficient from point A to point B so why

efficient from point A to point B so why

efficient from point A to point B so why do we keep investing in designing new

do we keep investing in designing new

do we keep investing in designing new cars and roads when instead we should be

cars and roads when instead we should be

cars and roads when instead we should be investing in designing the right process

investing in designing the right process

investing in designing the right process to address our real needs by designing

to address our real needs by designing

to address our real needs by designing mobility as a service we can design out

mobility as a service we can design out

mobility as a service we can design out the wasteful aspects of our mobility

the wasteful aspects of our mobility

the wasteful aspects of our mobility systems by providing transportation

systems by providing transportation

systems by providing transportation solutions whenever we need them without

solutions whenever we need them without

solutions whenever we need them without needing to own a car this will also

needing to own a car this will also

needing to own a car this will also encourage car manufacturers to develop

encourage car manufacturers to develop

encourage car manufacturers to develop and design cars that account for

and design cars that account for

and design cars that account for longevity for intensive use and look

longevity for intensive use and look

longevity for intensive use and look into the current life cycle and think

into the current life cycle and think

into the current life cycle and think about the next one once we’ve designed

about the next one once we’ve designed

about the next one once we’ve designed such an effective vehicle we then need

such an effective vehicle we then need

such an effective vehicle we then need to look for a process that will allow to

to look for a process that will allow to

to look for a process that will allow to keep it in its highest value and utility

keep it in its highest value and utility

keep it in its highest value and utility at all times this will spark business

at all times this will spark business

at all times this will spark business innovation how to do it in the most time

innovation how to do it in the most time

innovation how to do it in the most time and price competitive manner perhaps it

and price competitive manner perhaps it

and price competitive manner perhaps it can be through leasing schemes or

can be through leasing schemes or

can be through leasing schemes or sharing we can then also use the

sharing we can then also use the

sharing we can then also use the technological advancements to keep track

technological advancements to keep track

technological advancements to keep track of the cars as they go around the city

of the cars as they go around the city

of the cars as they go around the city and ensure their optimal use avoid

and ensure their optimal use avoid

and ensure their optimal use avoid traffic jams looking for parking we can

traffic jams looking for parking we can

traffic jams looking for parking we can also use the advancements in our

also use the advancements in our

also use the advancements in our technology to monitor the cars condition

technology to monitor the cars condition

technology to monitor the cars condition and avoid braking by preventive

and avoid braking by preventive

and avoid braking by preventive maintenance

maintenance

maintenance now with the self-driving and electric

now with the self-driving and electric

now with the self-driving and electric cars coming into play we can use this

cars coming into play we can use this

cars coming into play we can use this approach to ensure that the new

approach to ensure that the new

approach to ensure that the new technology is actually benefiting and

technology is actually benefiting and

technology is actually benefiting and creating positive impact on our life it

creating positive impact on our life it

creating positive impact on our life it will help to reduce the number of cars

will help to reduce the number of cars

will help to reduce the number of cars on the roads by making car ownership

on the roads by making car ownership

on the roads by making car ownership obsolete it will help us to have cleaner

obsolete it will help us to have cleaner

obsolete it will help us to have cleaner air better access for transportation and

air better access for transportation and

air better access for transportation and also help to reduce the resource

also help to reduce the resource

also help to reduce the resource intensity of our current mobility system

intensity of our current mobility system

intensity of our current mobility system now this is just one example of

now this is just one example of

now this is just one example of how the circle economy approach can help

how the circle economy approach can help

how the circle economy approach can help us to deal with our daily challenges and

us to deal with our daily challenges and

us to deal with our daily challenges and we use this approach to also look into

we use this approach to also look into

we use this approach to also look into how to design waste from other systems

how to design waste from other systems

how to design waste from other systems in our daily life from the way we

in our daily life from the way we

in our daily life from the way we construct and use our buildings from the

construct and use our buildings from the

construct and use our buildings from the food waste problems and from the

food waste problems and from the

food waste problems and from the damaging aspects of the plastic and the

damaging aspects of the plastic and the

damaging aspects of the plastic and the textile industry now the advantages of

textile industry now the advantages of

textile industry now the advantages of this approach are massive it’s a one

this approach are massive it’s a one

this approach are massive it’s a one trillion dollar opportunity for the

trillion dollar opportunity for the

trillion dollar opportunity for the global economy meanwhile it can help us

global economy meanwhile it can help us

global economy meanwhile it can help us to meet the needs of the growing

to meet the needs of the growing

to meet the needs of the growing population without continuously harming

population without continuously harming

population without continuously harming our environment it also can help us to

our environment it also can help us to

our environment it also can help us to develop benefits such as growing

develop benefits such as growing

develop benefits such as growing household income access to better

household income access to better

household income access to better products better health new jobs despite

products better health new jobs despite

products better health new jobs despite the great opportunities the road is

the great opportunities the road is

the great opportunities the road is still long and it’s full of challenges

still long and it’s full of challenges

still long and it’s full of challenges we need to reimagine and then redesign

we need to reimagine and then redesign

we need to reimagine and then redesign our global economy and in order to do

our global economy and in order to do

our global economy and in order to do that we need to bring every key actor in

that we need to bring every key actor in

that we need to bring every key actor in our society on boards and build

our society on boards and build

our society on boards and build consensus find new ways to work together

consensus find new ways to work together

consensus find new ways to work together to collaborate luckily we don’t have to

to collaborate luckily we don’t have to

to collaborate luckily we don’t have to do this alone with the element cada

do this alone with the element cada

do this alone with the element cada foundation work with a great coalition

foundation work with a great coalition

foundation work with a great coalition of people from major corporations to

of people from major corporations to

of people from major corporations to small SMEs and innovators universities

small SMEs and innovators universities

small SMEs and innovators universities other NGOs governments and cities all

other NGOs governments and cities all

other NGOs governments and cities all believe in this opportunity – and

believe in this opportunity – and

believe in this opportunity – and already today they work to discover new

already today they work to discover new

already today they work to discover new ways to unlock value for their

ways to unlock value for their

ways to unlock value for their businesses they experiment with new

businesses they experiment with new

businesses they experiment with new product design they explore material

product design they explore material

product design they explore material innovation engineer new system to

innovation engineer new system to

innovation engineer new system to capture materials in the city and

capture materials in the city and

capture materials in the city and develop new policies and regulations to

develop new policies and regulations to

develop new policies and regulations to support and encourage the transition as

support and encourage the transition as

support and encourage the transition as part of this mission I work with

part of this mission I work with

part of this mission I work with governments in cities around the world

governments in cities around the world

governments in cities around the world to explore how the circuit economic can

to explore how the circuit economic can

to explore how the circuit economic can look like in an urban context in many

look like in an urban context in many

look like in an urban context in many ways cities are mirrors of our economy

ways cities are mirrors of our economy

ways cities are mirrors of our economy and they’re uniquely positioned to

and they’re uniquely positioned to

and they’re uniquely positioned to become the leaders of this transition

become the leaders of this transition

become the leaders of this transition cities our homes for more than half of

cities our homes for more than half of

cities our homes for more than half of the global population and there are

the global population and there are

the global population and there are major economic powerhouses that give us

major economic powerhouses that give us

major economic powerhouses that give us access to jobs to education to Choi

access to jobs to education to Choi

access to jobs to education to Choi two opportunities but this come at a

two opportunities but this come at a

two opportunities but this come at a price because city is also responsible

price because city is also responsible

price because city is also responsible for generation of over 50% of our global

for generation of over 50% of our global

for generation of over 50% of our global waste and almost 80% of our carbon

waste and almost 80% of our carbon

waste and almost 80% of our carbon emissions in addition urban policymakers

emissions in addition urban policymakers

emissions in addition urban policymakers increasingly have to deal with new and

increasingly have to deal with new and

increasingly have to deal with new and unfamiliar challenges shortage of

unfamiliar challenges shortage of

unfamiliar challenges shortage of housing inequality pollution and

housing inequality pollution and

housing inequality pollution and unemployment in face of this urban

unemployment in face of this urban

unemployment in face of this urban policymakers businesses and citizens are

policymakers businesses and citizens are

policymakers businesses and citizens are forced to think outside of the box and

forced to think outside of the box and

forced to think outside of the box and use the circle economy and the urban

use the circle economy and the urban

use the circle economy and the urban environment to think about new solutions

environment to think about new solutions

environment to think about new solutions for these new problems the first-base of

for these new problems the first-base of

for these new problems the first-base of cities allows the circle economy to come

cities allows the circle economy to come

cities allows the circle economy to come alive and scale rapidly and we see this

alive and scale rapidly and we see this

alive and scale rapidly and we see this happening around the world with cities

happening around the world with cities

happening around the world with cities we work with whether it’s Phoenix and

we work with whether it’s Phoenix and

we work with whether it’s Phoenix and London that empower the local business

London that empower the local business

London that empower the local business community through new business models of

community through new business models of

community through new business models of the circular economy Helsinki and

the circular economy Helsinki and

the circular economy Helsinki and Barcelona reinvent their mobility

Barcelona reinvent their mobility

Barcelona reinvent their mobility systems and Milan here in Italy manages

systems and Milan here in Italy manages

systems and Milan here in Italy manages to capture over 50% of its food waste

to capture over 50% of its food waste

to capture over 50% of its food waste and generate energy and valuable

and generate energy and valuable

and generate energy and valuable materials out of it and you sitting here

materials out of it and you sitting here

materials out of it and you sitting here today or watching this talk at home you

today or watching this talk at home you

today or watching this talk at home you all have a role to play in this the

all have a role to play in this the

all have a role to play in this the circular economy transition will be

circular economy transition will be

circular economy transition will be driven by entrepreneurs large and small

driven by entrepreneurs large and small

driven by entrepreneurs large and small and whether your student or your urban

and whether your student or your urban

and whether your student or your urban planner your businessmen or maybe start

planner your businessmen or maybe start

planner your businessmen or maybe start a venture we encourage you shall enjoy

a venture we encourage you shall enjoy

a venture we encourage you shall enjoy linear model explore the principles of

linear model explore the principles of

linear model explore the principles of the circular economy and apply them

the circular economy and apply them

the circular economy and apply them within your own context to generate

within your own context to generate

within your own context to generate positive social environmental value by

positive social environmental value by

positive social environmental value by doing so thank you very much

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