A NEW REPORT out has suggested an improved circular economy could create over 200,000 jobs in the UK by 2030.
In order to capitalise on the opportunities however, the report warns that the UK must become an ‘active champion’ of taking circular economy policy forward, as new EU packages are created, or Britain risks losing out.
Matthew Spencer, director at Green Alliance, commented "At a time when many are worried about where jobs will come from in future, it is a tantalising prospect to have a sector which offers a wide range of new jobs right across the country, especially in regions with high unemployment."
To stimulate these new jobs in remanufacturing and reuse, the government must 'play its part' in setting higher standards for product and resource recovery, according to Spencer.
"This report is the first of its kind that pinpoints exactly who, what and where could benefit from the implementation of the circular economy," says WRAP's ceo Liz Goodwin. "This signals a major new opportunity for Britain's economy, and could deliver jobs where they're needed the most."