Saudi G20 Endorses New Platform for Circular Carbon Economy

  • Date: 10-Nov-2020
  • Source: Al Bawaba
  • Sector:Economy
  • Country:Saudi Arabia
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Saudi G20 Endorses New Platform for Circular Carbon Economy

The CCE is an integrated and inclusive approach toward more comprehensive, resilient, sustainable, and climate-friendly energy systems that support and enable sustainable development.

It encourages countries to take advantage of all technologies, forms of energy, and mitigation opportunities, according to resource availability, economics, and national circumstances.

The idea of the CCE is an evolution and extension of the notion of the circular economy, and its three 'Rs' “” reduce, reuse and recycle. A circular economy seeks to use as few new raw materials and creates as little waste as possible. This also saves energy, which in turn reduces emissions. The focus of the circular economy, though, is not on managing carbon.

Cars provide a good example of how the circular economy can function. We can reduce the number of cars needed through new