Economy News Update: National Cleaner Production Centre (NCPC) organized a media launch on the 1st Sri Lankan Conference on Resource Efficiency and Circular Economy on 3rd December 2019 at the Organization of Professional Association (OPA) with invited local electronic and print media.
The conference will be conducted by NCPC on 21st January 2010 at Waters Edge as a full-day event. INSEE Ecocyle has provided platinum sponsorship to the event with the aim of promoting the Resource Efficiency and Circular Economy concept among local industrialists. Wijeya Products Pvt ltd and MAS Holdings also join with NCPC with providing sponsorships to the event.
Registration is open from today for interested parties who need to enhance their knowledge in this field. NCPC encourage local industries to participate in the event and apply resource efficiency and circular economy concept in their facilities.
Resource scarcity and environmental pollution are global challenges arising from economic development and population increase. As we cannot comprise the need for improving quality of life even for the poor living in underdeveloped countries, there shall be an alternative economic development model to achieve a better quality of life without going through the resource-intensive economic development model followed in past decades.
The solution recognized by most of the nations including the European Union is embarking on the Circular economy. The circular economy includes improving resource efficiency (mainly related to water, energy and material utilization) throughout the value chain and resource circulation through the end of life recovery, reuse and recycling. In addition to that circular economy posturing the system approach to achieve dematerialization and shared use of resources.