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Innovating for The Circular Economy: Driving Sustainable Transformation PDF

168 Pages·2023·4.954 MB·English
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Innovating for The Circular Economy Systemic change is required to move to a circular economy (CE) model which can meet the demands of a growing population in a manner that is decoupled from resource use and waste generation. This book takes a deep dive into the innovation aspect of the circular economy (CE), with a specific focus on India as a geography, where the transformation to a circular economy is underway. How a developing country like India is tackling the complexities of the transformation and creating innovative solutions is showcased in this book through many practical examples and inspirational case studies. The book lays out the foundations for mainstreaming resource efficiency (RE)/CE in India, and covers innovation led by businesses and start-ups, along with the innovative policies, financing, and collaborative models required to spur and accelerate circular economy approaches, while also providing linkages to the international context. Features: • Provides insight into the role of innovation in the circular economy transition; • Helps to develop and facilitate adoption of resource-efficiency pol- icy and strategy with particular focus on key resource sectors and waste streams; • Treats the circular economy as a holistic approach across the entire lifecycle, and places emphasis on upstream interventions and sys- tems change; • Examines the current context of COVID-19 and its impact on circu- lar economy models and practices; • Touches upon how the EU-based approach was adapted and contex- tualised significantly to work in the unique Indian landscape. This book is aimed at students, researchers, and professionals engaged in the domains of circular economy, sustainability, business innovation, environmen- tal studies, natural resources management, and environmental and resource conservation policy. Innovating for The Circular Economy Driving Sustainable Transformation Edited by Rachna Arora, Dieter Mutz, and Pavithra Mohanraj Designed cover image: Illustrator - Agalya (Founder - Noun & Verb) First edition published 2023 by CRC Press 6000 Broken Sound Parkway NW, Suite 300, Boca Raton, FL 33487-2742 and by CRC Press 4 Park Square, Milton Park, Abingdon, Oxon, OX14 4RN CRC Press is an imprint of Taylor & Francis Group, LLC © 2023 selection and editorial matter, Rachna Arora, Dieter Mutz, and Pavithra Mohanraj; individual chapters, the contributors Reasonable efforts have been made to publish reliable data and information, but the author and pub- lisher cannot assume responsibility for the validity of all materials or the consequences of their use. The authors and publishers have attempted to trace the copyright holders of all material reproduced in this publication and apologize to copyright holders if permission to publish in this form has not been obtained. If any copyright material has not been acknowledged please write and let us know so we may rectify in any future reprint. Except as permitted under U.S. Copyright Law, no part of this book may be reprinted, reproduced, transmitted, or utilized in any form by any electronic, mechanical, or other means, now known or here- after invented, including photocopying, microfilming, and recording, or in any information storage or retrieval system, without written permission from the publishers. For permission to photocopy or use material electronically from this work, access www .copyright .com or contact the Copyright Clearance Center, Inc. (CCC), 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400. For works that are not available on CCC please contact mpkbookspermissions @tandf .co .uk Trademark notice: Product or corporate names may be trademarks or registered trademarks and are used only for identification and explanation without intent to infringe. ISBN: 9781032063348 (hbk) ISBN: 9781032063386 (pbk) ISBN: 9781003201816 (ebk) DOI: 10.1201/9781003201816 Typeset in Times by Deanta Global Publishing Services, Chennai, India Contents About the Editors vii List of Contributors ix Preface xi Acknowledgements xv Abbreviations xvii 1 Enabling Framework for Circular Economy Transition and Policy Innovation: An Indian and Global Perspective 1 Ashish Chaturvedi, Dieter Mutz, Katharina Paterok, and Rachna Arora 2 Complexities and Challenges of the Circular Economy Transition 21 Patrick Schröder and Manisha Anantharaman 3 Financing for a Circular Economy 37 Mayuri Wijayasundara, Srikanth Prakash, and Pavithra Mohanraj 4 Social Innovation for the Circular Economy: An Example of Informal Waste Recycling 53 Swati Singh Sambyal 5 Private Sector Experiences in Circular Economy Business Innovation: A Case Study on Mahindra 73 Anirban Ghosh, Shreya Sankaranarayanan, Rachna Arora, and Pavithra Mohanraj 6 Start-ups and Digitalisation for Circular Economy in India and Europe 87 Reva Prakash, Abhijit Banerjee, and Stefan Šipka 7 Models of Collaboration for Circular Economy Innovation 107 Narendra Prasad Kolary and Pavithra Mohanraj v vi Contents 8 Emerging Trends in Circularity in India and the Impact of COVID-19 125 Pavithra Mohanraj, Narendra Prasad Kolary, and Mayuri Wijayasundara Index 141 About the Editors Dr Rachna Arora is working as a team leader in the EU-Resource Effciency project of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, Bonn, Germany, and as a team leader on the GIZ Circular Economy solutions preventing Marine litter project. She has been working with GIZ for the last 14 years with relevant ministries and government departments towards environmental policy formulation and its implementation. She is a TEDx speaker on the circular economy. She holds a doctorate degree in environmental chemistry from the Indian Institute of Technology (IIT) Roorkee, Uttarakhand, India. She was a mem- ber of the interdepartmental committee set up by NITI Aayog (policy Think Tank, GoI) on Resource Effciency strategy, NITI Aayog’s committee set up by the Ministry of Information Technology and Communication (MeitY), the GoI Circular Economy Action plan on e-waste, MNRE’s Committee on Solar Panel Recycling, and the Ministry of Steel committee on scrap recycling. She is also a working group member of the FICCI Circular Economy Committee, supporting industry research and dialogues on the circular economy. Dieter Mutz’s professional background is in sanitary engineering, and he has more than 30 years of work experience with bi- and multilateral development organisations (GTZ, KfW, SECO, DEZA, UNIDO, the World Bank, IDB) with assignments in Latin America, the Middle East, and South Asian regions. His professional expertise lies in eco-effcient resource management and inte- grated solid waste and wastewater management. His international experiences with resource effciency and circular econ- omy derive from his assignment as team leader for the EU-fnanced project called ‘Resource Effciency Initiative for India’ (January 2017–December 2020) and as Director of the Indo-German Environment Partnership Programme (IGEP), jointly implemented by the Indian Ministry of Environment, Forests & Climate Change (MoEFCC) and GIZ (Deutsche Gesellschaft für International Zusammenarbeit), fnanced by the German Ministry for Economic Cooperation and Development (August 2010–September 2015). This programme had a focus on sustainable urban and industrial development, land and resource man- agement, as well as environmental protection and climate change mitigation. vii viii About the Editors In addition, since January 2016, Dieter holds a position as lecturer at the University of Applied Sciences, Northwestern Switzerland (FHNW), an aca- demic and research organisation he had already been affliated with from 1999 until 2010. His academic focus lies on integrated waste and resource manage- ment in Europe and countries in transition. Dieter holds a doctorate from the University of Karlsruhe where he stud- ied Sanitary Engineering. He has had long-term assignments in Thailand, Nepal, and Ecuador as well as India. Pavithra Mohanraj is the co-founder of Infnitive, a young advisory frm working to accelerate the adoption of the circular economy in India through communications, capacity building, business advisory, and ecosystem devel- opment projects. Infnitive has played a key role in shifting mindsets and shap- ing the evolving conversation around the circular economy in India. Pavithra graduated from the National University of Singapore with a Bachelor of Science (with Merit). She has over a decade of experience leading projects in sustainability and Circular Economy across Singapore and India, and has worked with industry, as well as bilateral and multilateral agencies. Most recently, Pavithra has also completed a year-long stint at the United Nations Environment Programme (UNEP) as a Consultant supporting proj- ects under the Sustainable and Circular Textiles portfolio of the UNEP India Offce. Contributors Manisha Anantharaman Katharina Paterok Chatham House/Saint Mary’s College Deutsche Gesellschaft für of California, USA Internationale Zusammenarbeit (GIZ) GmbH, Germany Rachna Arora Deutsche Gesellschaft für Reva Prakash Internationale Zusammenarbeit Deutsche Gesellschaft für (GIZ) GmbH – India, India Internationale Zusammenarbeit (GIZ) GmbH – India, India Abhijit Banerjee O. P. Jindal Global University, India Srikanth Prakash Deakin University, Waurn Ponds Ashish Chaturvedi Campus, Australia Deutsche Gesellschaft für Internationale Zusammenarbeit Swati Singh Sambyal (GIZ) GmbH – India Independent Waste and Circular Economy Expert, India Anirban Ghosh Mahindra Group, India Shreya Sankar Mahindra Group, India Narendra Prasad Kolary Infnite Perspective Research and Patrick Schroeder Advisory Private Limited, India Chatham House, UK Pavithra Mohanraj Stefan Šipka Infnite Perspective Research and European Policy Centre, Belgium Advisory Private Limited, India Mayuri Wijayasundara Dieter Mutz Deakin University, Waurn Ponds University of Applied Sciences and Campus, Australia Arts, Northwestern Switzerland (FHNW) ix

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Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.