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World-Class Circular Economy Industrial Parks: Best Practices, Challenges, Opportunities, Training and Collaboration

COVER_224_PPSTI_World-Class Circular Economy Industrial Parks
Published Date March 2024
Type of Publication Proceedings
Publication Under SOM Steering Committee on Economic and Technical Cooperation (SCE), Policy Partnership on Science, Technology and Innovation (PPSTI)
Accessed 214
Pages 44
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Description

The 2023 APEC Conference, "World-Class Circular Economy Industrial Parks," held virtually in Malaysia, focused on capacity building. It aimed to share best practices, address challenges, provide training, and promote collaboration for implementing Circular Economy Industrial Parks (CEIPs). Circular Economy (CE) principles, emphasizing waste reduction and nature regeneration, were highlighted as aligning with global goals. The conference explored the potential benefits of CEIPs, including economic, environmental, and social advantages, and addressed challenges such as funding and infrastructure. The report emphasizes integrating CE principles into CEIPs using the Business Model Canvas and advocates for ambitious circular visions, digital solutions, and securing financial and political support for their growth.