Building a more sustainable future
Pioneered by Ellen MacArthur, the circular economy encompasses a new way of thinking. More ‘traditional’ views of the economy are more linear in thinking, where products are bought, used, and then thrown away. Put simply, the circular economy is a system in which resources such as materials and equipment are used, reused and repurposed as effectively as possible, and for as long as possible. In our case, we want the public sector in the Cardiff Capital and Swansea Bay regions to work effectively together to rethink how their resources are managed, shared in new, and existing projects and services so that they can maximise the financial, environmental and social benefits within the organisation.
Examples of incorporating circular principles include:
- Procurement of products that are refurbished, remanufactured or contain recycled materials and/or products designed for long life, reuse and repair
- Procurement of services that provide access to products (for example, renting or leasing furniture or medical equipment)
- Implementing processes that allow the effective sharing of resources such as equipment and staff between different public sector organisations
- Building networks that allow the repurposing and reuse of public sector resources such as medical aids, IT or furniture in other organisations
- Building partnerships that turn unavoidable public sector waste into resources for another industry, for example, reprocessing of single-use PVC medical devices into new products such as tree ties
- Designing policies that ensure resource-efficient delivery of public services (for example, guidance on retrofitting of social housing or use of renewable energy for public transport)
There are many other potential circular economy opportunities and we are excited to see what your ideas are!
The Ellen MacArthur Foundation
According to the Ellen MacArthur Foundation, a circular economy aims to redefine growth, using that to generate wider societal benefits. The circular economy entails designing waste out of a system, focusing on a transition toward renewable energy sources and building economic, natural, and social capital.
It is based on three principles:
- Design out waste and pollution
- Keep products and materials in use
- Regenerate natural systems
Do you have a challenge that requires an innovative solution?
The Cardiff Capital Region (CCR) Challenge Fund is inviting public sector bodies to develop challenges and connect with organisations who can provide innovative solutions to those challenges, leading to better services, improved efficiency and effectiveness, and productivity.
The purpose of the funding is to help the public sector to obtain novel products and services to challenges and in doing so, provide a route to market for those solutions.
The Fund is providing public sector bodies throughout the Cardiff Capital Region the opportunity to receive up to 100% of funding to support the development of challenges. Public Sector are invited to compete for a share of £10m with the strongest challenges being selected for funding.