Thursday 4 September 2014

Karl Falkenberg: "Circular Economy is the answer!"


Karl Falkenberg
Director General, DG Environment
European Commission

How will the circular economy help Europe to remain competitive in a globalised world?
A circular economy is a more resource efficient economy. Global trends show rapidly growing demand for natural resources and raw materials as more people are lifted out of poverty. Europe's innovation in the direction of circular economy will be much in demand and support Europe's economic competitiveness.

How can European economic growth and a sustainable development go hand in hand?
Growth can only be produced sustainably. Unsustainable developments, in finance or in real economy, lead to painful crashes.

Do you think Europe should consider becoming an economy of services?
No. Europe needs to maintain its industrial, agricultural activities alongside a growing services sector.

How can the Plastics Industry contribute to a sustainable European growth?
By becoming more aware of recycling, durability and resource efficiency objectives in the design of plastic products and in the use of chemical substances and mixtures.

In your opinion, what should the industries do to thrive in Europe?
Develop sustainable products, meeting high health standards alongside resource efficiency, durability and recyclability.

Do you think Europe can still attract investors?
Europe remains one of the major destinations for FDI on this planet. Its skilled labour force, engineering capability, rule of law providing security for any investor, remain strong points of Europe, together with its large internal market, its single currency and competitive infrastructure.

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