Sustainability

A Social Enterprise to Reduce Clothes Waste

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Moved by the millions of tons of clothes being ended up in landfill, SETALI INDONESIA has partnered with many organization to upcycle clothes and fabrics, in order to prevent it being tossed to landfill. Setali processed the clothes they got using 4 approach: Collecting, Sorting, Charity Sales, and Upcycling. Setali also created art out of fabric scraps (wall hanging, canvas weaving, denim rug). Setali has partnered with: Didiet Maulana, Pijak Bumi, Greenpeace Asia Tenggara, also appearing on Paris Fashion Week.

The Circular Economy Multi-stakeholder Collaboration

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To implement a circular economy, it needs to develop a multi-stakeholder partnership, including experts, government, business, donor agencies, NGOs/civil society, academics, and associations to address those barriers and capture the opportunities. The role of the Government including public budgets, infrastructure, regulation, tax regime. The businesses role are: system expertise, technical support, funding, market approach. The NGOs/Civil Society role are: technical support, access to communities, legitimacy. And the Academics role are: technical support, especially in research, technology, and innovation

Stepping Up Business Leadership for the Transition of Circular Economy in Indonesia

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Barriers to a circular economy are classified into 4 (four) aspects: cultural, technological, market, and regulatory. However, the biggest barrier belongs to the cultural aspect. To enable circular economy ecosystem, IBCSD support initiative on national strategy development in circular economy, establish partnership in food loss & waste action, promote resource efficient and clean production, and supporting sustainable consumption & production through green lifestyle program

The Circular Economy Agenda in Indonesia

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Indonesia still need a more robust and firm strategy and action plan to implement the Circular Economy. It is critical to bring together leaders across industry, government, and civil society to shift the global economy more aggressively toward the circular economy, and Through build back better, we can build a more resilience circular economy concept that could maintain economic growth in a long term.

Supporting Indonesia in Developing a National Circular Economy Strategy

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Indonesia’s National Circular Economy Roadmap aims to create a clear strategy to help capture the benefits of a circular economy. Indonesia focus on 5 key areas of the Indonesian economy with high potential for circularity that can solve many of Indonesia’s problems. Where adoption of the identified circular economy opportunities could reduce waste generation in each sector by anywhere from 28-57% by 2030.

How to Build a Circular Economy

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We have a waste problem.

The world threw away around 300 million tons of plastic in 2019, nearly equivalent to the weight of the human population. Scientists expect there could be more plastic than fish in the ocean by 2050. One year’s electronic waste weighs in at more than 50 million tons. And while far too many people still go hungry, we waste a third of all the food produced.

Altogether, more than 100 billion tons of resources flow into the economy every year, and more than 60% ends up as waste or greenhouse gas emissions.
While COVID-19 made a significant dent in global consumption, it’s not a clear-cut picture. Clothing sales plummeted, but home office and exercise equipment purchases went up; spending in the hospitality industry went down, but groceries increased. The use of single-use plastics increased significantly, while plummeting oil prices reduced the economic incentive for plastic recycling.

The 2008 recession showed us that any fall in consumption is likely to be temporary without a concerted effort to make longer-term changes.

Supporting Circular Economy Through Responsible Waste Management with Waste4Change

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What is circular economy?
Circular economy aims to keep resources in a closed cycle. As we already know, the natural system already adapts a circular system. Soil nutrients and solar energy grow plants, plant feeds animals, animal dies, decompose, and become soil nutrients. In that perfect world, no waste is generated. However, the linear economy had introduced us with the ‘throw-away’ culture. We extract resources, manufacture products, and eventually dispose them, without thinking too much about how much resources are wasted in landfills.

UNDP, Bappenas and Denmark collaborate to support the development of Circular Economy in Indonesia

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Jakarta, February, 24th 2020 – The United Nations Development Programme (UNDP), in partnership with the Ministry of National Development Planning (Bappenas), with support from the Government of Denmark launched today a new initiative to support the development of Indonesia’s first national strategy on circular economy, a new economic model that can further boost growth, create new jobs and address climate change at the same time.

Circulate Capital Beri Pinjaman Perusahaan Daur Ulang Plastik

Bisnis.com, JAKARTA – Circulate Capital melalui Circulate Capital Ocean Fund (CCOF) telah melakukan investasi perdananya di dua perusahaan daur ulang plastik yang berlokasi di Indonesia dan India, dengan total nilai investasi sebesar US$6 juta.
Investasi di Indonesia diberikan kepada PT Tridi Oasis Group (Tridi Oasis), yang memiliki spesialisasi dalam mendaur ulang botol polietilena tereftalat (PET) menjadi serpihan PET daur ulang (rPET), yang digunakan untuk memproduksi kemasan daur ulang dan tekstil.

CEO Circulate Capital Rob Kaplan mengatakan ketahanan infrastruktur penting seperti sampah dan daur ulang harus berjalan seiring dengan perlindungan terhadap kesehatan dan mata pencarian masyarakat.