UNGC Action Platform

SRL 3 - initial testing of proposed solution(s) together with relevant stakeholders

UNGC Action Platform

Circular and climate-neutral business models Action Platform

Oslo, Oslo, Norway

ORGANISATION / PARTNERS

United Nations Global Compact Norway

BUSINESS MODEL

SCALE: National

Stakeholder:

Private SectorPublic SectorThird Sector

Type:

B2B - Business to BusinessB2G - Business to Government

BUSINESS MODEL FORMAT:

Product Type(s):

FACET & LEVEL

FACET:

Built EnvironmentEducationFinanceLogisticsMobilityNetworks & HubsPlasticProcurementSupply ChainWaste Management

LEVEL:

Meso - Network, Cluster & Eco-Industrial Parks

Network, Cluster & Eco-Industrial Parks

SOCIETAL READINESS LEVEL & POTENTIAL

FUTURE POTENTIAL

ScaleableReplicableNetworkable

SOCIETAL READINESS LEVEL

SRL 3 - initial testing of proposed solution(s) together with relevant stakeholders

SRL 3 - initial testing of proposed solution(s) together with relevant stakeholders

CIRCULAR CYCLE PHASE

STATUS & TIMELINE

ie.start date

06/2020

DESCRIPTION

TITLE: UNGC Action Platform

CONCEPT: Circular and climate-neutral business models Action Platform

UN Global Compact Norway’s platform for circular economy and climate neutrality brings together leading actors from business, academia and the public sector for the work towards more circularity and less carbon and emissions.

LOCAL LANGUAGE DESCRIPTION: Norsk

UN Global Compact Norges plattform for sirkulærøkonomi og klimanøytralitet samler ledende aktører fra næringsliv, akademia og det offentlige for arbeidet mot mer sirkulæritet og mindre karbon og utslipp.

IMPACT

BARRIERS

SOCIAL
- Lack of sense of urgency
- Lack of community connection
MARKET
- High upfront investment costs
- High planning and management costs
- Limited funding
- Complementary skills/services required
TECHNOLOGICAL
- Too few large scale projects
REGULATORY
- Circularity is not efficiently integrated into innovation policies
- Lack of global consensus
- Absence of consistently applied standards and protocols
CULTURAL
- Lack of leadership
- Company/community culture
- Limited understanding on impacts
- Operating in a linear system
- Change of mindset

ENABLERS

SOCIAL
- More inclusive and connected communities
- Stronger personal connections
- Shared norms, values, attitudes, and beliefs
CULTURAL
- Integration of the CE concept into training and educational programs
- A creative and skilled problem-solving resource
- Preparation of future professional practices and understanding
MARKET
- Need for a long-term vision by businesses
- Knowledge of impact
- Competitive advantage for early adopters
- Functional service economy (XaaS)
- Digital infrastructure
- Valuing the services, not only the products - provided by nature
- New alliances and collaborations
REGULATORY
- Provide access to funding to encourage experimentation, innovation and redesign
- Foster the development of new technologies with the support of public authorities
- Use of circular performance indicators by governments, investors and businesses can encourage the value chain to become more circular
- Investment in education and employment services to prepare the market for the next economy
- Promote public-private partnerships to better counter and lift political barriers
TECHNOLOGICAL
- Increased efficiency
- Digital technologies and engineering to support business models