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Thailand and Germany push global knowledge exchange  to rethink Circular Economy

Thailand and Germany push global knowledge exchange to rethink Circular Economy

14 Sept 01:44 Key points summarised by AI
  • Thailand and Germany, through GIZ and UNEP, co-hosted a global knowledge exchange in Bangkok to redefine the Circular Economy as a solution to environmental crises and advance Sustainable Development Goal 12 (Sustainable Consumption and Production).
  • The event emphasized a radical shift from linear to circular economies, prioritizing 'Reduction' and exploring policy instruments like eco-labeling, green public procurement, and Extended Producer Responsibility to foster greener products and services.
  • Thailand affirmed its leadership in SCP reforms, detailing its 20-Year Roadmap for SCP and the 'Bangkok Declaration 2019 on Marine Plastic Debris Management,' while emphasizing the critical need for global collaboration.
  • Germany highlighted its commitment to carbon-neutrality and its role as Thailand's key climate partner, providing significant financial support and policy advice to implement SDG 12 and advance Circular Economy initiatives.
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