
Mountain areas are home to around 1 billion people and provide goods and services. This is why the protection of healthy mountain ecosystems has become a must. The op-ed by FAO’s Mountain Partnership Secretariat.
Sweden is planning to introduce tax breaks and deductions to those who repair objects and appliances rather than throwing them away. A great example of circular economy.
Sweden’s Ministry for financial markets and consumer affairs has proposed to introduce tax breaks to citizens who repair broken objects and appliances instead of buying new ones. The proposal represents an incentive to reduce the use of resources while cutting CO2 emissions.
The Value-added Tax (VAT) rate will be reduced from 25 per cent to 12 per cent on repairs to bicycles, shoes, and clothes. This plan has been proposed in September and if voted could enter into force as of January 2017. Fixing appliances will be rewarded with tax breaks, saving 10 per cent on repairs.
“We believe that this could substantially lower the cost and so make it more rational economic behaviour to repair your goods,” said Per Bolund, Sweden’s minister for financial markets and consumer affairs. In 2015, at least 85,000 tonnes of fridges, refrigerators and other appliances have been recovered according to data provided by Sweden’s government. The new incentives aim at reducing the number of appliances that end up in landfills.
“Circular economy systems keep the added value in products for as long as possible and eliminate waste. They keep resources within the economy when a product has reached the end of its life, so that they can be productively used again and again and hence create further value,” reads a communication of the European Union.
#GrowthWithin demonstrated that #circulareconomy is a clear economic opportunity for Europe. https://t.co/vKJPCmMXVt pic.twitter.com/Fk3UKE8K23
— Ellen MacArthur Fdn. (@circulareconomy) September 30, 2016
The high-tech industry will benefit significantly. “The hi-tech industry monopolises a share in the global production of metals for 7 million tonnes yearly – amounting to over 77 billion dollars – it is clear that the recovery of renewable materials to be employed again in the productive cycle is fundamental to shift towards a more sustainable industry,” according to the Ellen MacArthur Foundation.
“I believe there is a shift in view in Sweden at the moment,” added Bolund. “There is an increased knowledge that we need to make our things last longer in order to reduce materials’ consumption”. Circular economy offers a great opportunity for reducing materials costs by 340-380 billion dollars yearly.
Quest'opera è distribuita con Licenza Creative Commons Attribuzione - Non commerciale - Non opere derivate 4.0 Internazionale.
Mountain areas are home to around 1 billion people and provide goods and services. This is why the protection of healthy mountain ecosystems has become a must. The op-ed by FAO’s Mountain Partnership Secretariat.
The fourth edition of the Greening the Islands International Conference will be held on the Italian island of Favignana on 3 and 4 November. The protagonists are the world’s small islands and the green economy.
China, India, Japan and South Korea are leading in the use of financing mechanisms such as green bonds to tackle key sustainability challenges.
It has taken 15 years of negotiations but the world’s governments have finally reached an agreement to protect the oceans and the high seas.
The extent of sea ice in Antarctica reached a new record low on 21st February 2023.
Communities in Kwa-Zulu Natal have been at loggerheads with Tendele Coal Mine over land destruction, water pollution and the killing of activists.
BNP Paribas has been sued by three French NGOs. This lawsuit marks the first time ever that a commercial bank is sued over its fossil fuel financing.
Shell’s board of directors is being taken to court by ClientEarth for failing to move away from fossil fuels fast enough.
La moria delle api è anche un problema finanziario che potrebbe colpire a cascata i profitti di innumerevoli industrie e, quindi, i loro investitori.