Circular Economy Summit Austria: Austria Leads the Way in Circular Economy

 

Austria showcased its commitment to the circular economy at the recent Circular Economy Summit 2024 (CESA24) in Vienna, which attracted over 400 international participants and speakers.

This are three key highlights

  • Ministerial Support: Leonore Gewessler, Austrian Minister for Climate Action, emphasized the country's priority on circular actions. Highlights include the repair of one million products, a €41 million call to support circular economy businesses, and the establishment of an interministerial task force led by Karin Huber-Heim.

  • Systems Thinking: ('s keynote underscored the need for systems thinking, pointing out that new economic systems often emerge post-conflict.

  • Engaging Panels: Four panels discussed EU policies, the role of data and finances, and cross-border collaboration.

Ladeja G. Košir at the CESA24 panel

 
Social capital is what counts - friendship based on trust is the driving force of positive changes we are co-creating.
— Ladeja Godina Košir, founder of Circular Change at the CESA 2024

In a nutshell: This are the conclusions of the CESA24

  • EU Elections: The upcoming elections are crucial to keep the Green Deal on the agenda.

  • Bioeconomy and Circular Economy: Bridging these two sectors is essential.

  • Leadership: Courage and responsibility are needed to drive circular systemic transformation.

  • Education: Fostering circular literacy is vital.

  • Global Collaboration: The global north and south must learn from each other.

  • Data Understanding: It's important to grasp the context and purpose of the data we collect (we shall understand what we measure, why and in what context).

  • Funding Access: SMEs, the backbone of the EU economy, need better access to available funds.

  • Values and Culture: Shifting from efficiency to sufficiency and mainstreaming circular culture is a priority.

Austria's proactive approach at CESA24 highlights its role as a leader in advancing the circular economy within Europe and beyond.

 
Circular Change