
1 minute read
Circular Tayside Targets
from Issue 4
Why it’s crucial we embrace the circular economy
• The world’s population is expected to peak at 10bn in 2050. Our resources, the earth’s raw materials, are not limitless.
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• Moving to a circular economy has the potential to increase productivity and create jobs, whilst reducing carbon emissions and preserving valuable raw materials.
• By keeping products and materials in use in Scotland for longer, we will be more resilient to global resource pressures.
What are the targets?
The Scottish Government developed a strategy in 2016 to move the country towards a more circular economy, aligning its economic and environmental objectives. The strategy’s four priority areas are:
• Food, drink, and the broader bio-economy: the beer, whisky and fish industries could reduce costs by £500-800 million a year by taking a more circular approach
• Remanufacture: contributes £1.1 billion a year to Scottish GDP and could contribute £1.7 billion a year by 2020
• Construction and the built environment: generates around half of all waste produced in Scotland, so has a significant opportunity to increase resource efficiency
• Energy infrastructure: significant potential to re-use equipment from decommissioned oil, gas and renewables infrastructure (£30-35 billion is expected to be spent on oil and gas decommissioning by 2040)