Circular economy
Investing in the Circular Economy
Waste production continues to increase worldwide. Every year, 100 billion tons of materials are consumed, 90% of which is discarded. This waste negatively impacts health, the environment, and biodiversity, and results in high management costs. Its presence also demonstrates that we are not using the Earth's finite resources efficiently. We are committed to reducing waste and creating a world where everyone can thrive by supporting the transition to a circular economy.
Economy
What is the circular economy?
The circular economy aims to completely eliminate waste by changing the way we use resources. This can be achieved by extending the lifespan and use of materials, rethinking and redefining products and business processes, developing innovative solutions and service models, and encouraging more sustainable consumption patterns. The European Union aims to double the total share of recycled materials used in its economy between 2020 and 2030. Recycled materials accounted for 11.8% of materials used in 2023, compared to 10.7% in 2010.
12/01/2015
GCHB's Support for the Circular Economy
GCHB's Support for the Circular Economy Between 2020 and 2024, we invested $4.07 billion in 150 circular economy projects across various sectors. These projects help conserve resources, reduce our impact on the climate and the environment, foster sustainable economic growth, and create jobs. They can also contribute to a secure supply of critical raw materials.
Learn More01/08/2016
Our partnerships
Investing in the circular economy can be a game changer. We are working closely with other financial institutions in Europe and beyond to support greater circularity.
Learn More02/10/2016Time 4
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- Manhattan, New York, NY, United States
- 3 700 centres financiers de détail, environ 15 000 distributeurs automatiques de billets (2024)
