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New online player to help Australia move to circular economy

by Lisa Korycki
April 11, 2022
in News
Reading Time: 2 mins read
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Ballarat circular economy
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Planet Ark’s Australian Circular Economy Hub – a one stop shop to help drive Australia’s transition to a circular economy – has gone online.

The ACE Hub portal will provide companies, individuals and communities with the tools and education to help implement circularity.

Trevor Evans, Assistant Minister for Waste Reduction and Environmental Management said that in a circular economy when a product is no longer useful or required for its initial purpose, it is either reused, recycled or remanufactured for use in another product or process.

“That is what this new online portal is all about—Australians from all walks of life sharing their knowledge and experiences as Australia moves toward a circular economy in which we all value our waste as a resource,” he said.

“Over the past three years, the Australian Government has driven a $1 billion transformation of Australia’s waste and recycling industry so that we can take care of our own waste and to support more than 10,000 jobs. Australia’s budding circular economy is at the heart of those investments, not only because modelling indicates that by doing so Australia could generate $1,860 billion in direct economic benefits over 20 years and save 165 million tonnes of CO2 per year by 2040.

“It’s just sensible to recognise our used items, previously considered rubbish, as a resource and to remake them into valuable new products use them again as often as we can.

“Moving to a circular economy will support new local jobs in recycling and remanufacturing and mean that manufacturers save money on raw materials. Australia will also reduce its emissions from energy as well as benefiting from a smaller amount of landfill and stockpiled waste.

“What’s really exciting, is that the Portal has members across the full suite of circular activity taking place in Australia with highly engaged experts from government, industry, business, academia, education and the community all taking part. I encourage you to join the conversation at https://portal.acehub.org.au/ to exchange ideas, share projects and take action.”

The Government previously awarded Planet Ark $1.6 million to establish the Australian Circular Economy Hub to help drive Australia’s transition to a circular economy. The new portal is part of this project.

For more information, visit: www.planetark.org

 

Related stories:

VIC Gov launches $16.4M Circular Economy-Accelerator project

Circular economy move boosted by UN

 

Tags: Australian Circular Economy HubPlanet ArkTrevor Evans
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