MENU
Freek van Eijk, Director of the Holland Circular Hotspot

Reduce, Reuse, Recycle

Circular Economy Platform Hungary partners with the Holland Circular Hotspot

Transitioning to a circular economy is one of the leading business opportunities of our era. Although the core concept is not yet thoroughly understood or followed by most economic actors, the use of this model can increase the resilience of the world economy and facilitate the achievement of the Paris Climate Change Agreement and the United Nations Sustainable Development Goals. Experts estimate that circular economy could generate business opportunities worth USD 4.5 billion worldwide by 2030.

A survey undertaken by the Circular Economy Platform Hungary showed that most companies still identify circular economy with waste management. Respondents themselves confirmed that collaboration, knowledge sharing and government incentives are needed to start changing the current economic model and make up for lost ground.
The Platform, which was established as an initiative of the Business Council for Sustainable Development in Hungary (BCSDH), the Embassy of the Kingdom of the Netherlands, and the Hungarian Ministry of Innovation and Technology a year ago, took it upon itself to facilitate the disseminate knowledge and highlight good practices and business solutions for gradually turning the country’s economy circular.
“In the Netherlands, every self-respecting municipality is working on their respective circular economy strategy. They organize sessions where SMEs, knowledge institutes and (local) government come together and are stimulated to collaborate and take action on circular economy with a business approach. Still, we are very much at the beginning of what we would like to achieve in terms of the reduce, reuse, repair, refurbish, re-manufacture and recycle model. Countless start-ups and front-running multinationals like Philips and DSM are showcasing that there is a lot of momentum and potential for business in this approach. The first movers have the biggest market potential,” Freek van Eijk, Director of the Holland Circular Hotspot said at the first Circular Economy Summit in Budapest. He is convinced that the Dutch will get close to their moonshot ambition of being fully circular in 2050.

Joining forces
The Hungarian Circular Economy Platform and the Holland Circular Hotspot signed a declaration of cooperation during the Summit to propagate the best international examples of circular economy initiatives, related knowledge and tools, share domestic experiences and foster the work of governments. Along with the ceremonial signatories, 80 companies and organizations have already joined the Hungarian Circular Economy Platform.
“I am proud that through cooperation with the Holland Circular Hotspot, we are gaining access to leading international know-how, which will help put the circular economy on a more dynamic path in our country. With the involvement of business, governmental and scientific as well as professional and social organizations, we can achieve our goal: a sustainable economy,” the President of BCSDH, Attila Chikán Jr. said at the opening of the Summit.

Combining economy and ecology
The Dutch learnt to combine the economy and ecology early on because the country is densely populated and heavily industrialized, Freek van Eijk told Diplomacy&Trade on the sidelines of the conference. The origins of his organization lie in the history of the Netherlands. “We shaped our country and our country shaped us. Our country formed our mentality because we have had to work together since the Middle Ages to keep our feet dry. Without human intervention, 50% of our country would now be flooded, so we learnt to be collaborative very early on.” In addition, the Netherlands is an agricultural superpower, the executive pointed out, “we have a population of over 17 million people, we have 100 million chickens, 4 million cows and 13 million pigs – all of this means a lot of environmental pressure. We have learnt to cope with environmental stress, keep our place livable but also economically viable.” These circumstances essentially called for the adoption of the circular economy model to keep their scarce resources in a loop.

Closing the material loop
The Dutch Ambassador to Hungary, René van Hell pointed out that ‘’if we want to provide clean water, food and shelter, decent work and well-being for nine billion citizens, as enshrined in the UN Sustainable Development Goals, then we need to act now by transitioning to a circular and sustainable economy to ensure that we are not too late. Our embassy, as one of the founding members of the Hungarian Circular Economy Platform, supports the goals laid down in the Memorandum of Understanding that includes, among others, sharing knowledge and best practices for closing the material loop.’’
The director of the Holland Circular Hotspot emphasized that “we have always been traders; we are very much internationally connected. In the Netherlands, we are pioneering solutions to global challenges. Maybe other countries have even better engineers than the Dutch but we are very good in system thinking. We inspire and help other countries to adapt and implement our solutions locally – we can help companies grow and be successful in Hungary, too – and maybe, we get some of the business."

CIRCULAR VS. LINEAR ECONOMY
According to the current linear economic model, the bulk of the technical and biological components extracted from nature are transformed and then disposed of without recycling. In contrast, under the circular economic model processes are carried out in a closed circle, waste is almost fully recycled, and biological and technological components are returned to the cycle with minimum loss of quality. Tibor Bodor, Country Manager at ING Bank N.V. Hungary Branch highlighted at the conference that “the circular economy is about rethinking how we use our raw materials and resources to create a sustainable economy free of waste and emissions. It means shifting from the current linear model of take, make, waste to an economy where we reduce, reuse, recycle materials.”

Sándor Laczkó

No comment yet. Be the first!

Leave a Reply

Your email address will not be published. Required fields are marked *

eighteen − 10 =

  • Top 5 Articles


  • Articles by Date

  • Hashtags

    #bag tag #bakery #Balassagyarmat #Bálint gazda (Master Bálint) #Ballet company of Gyõr #Bálna event center #Baltic Sea Festival #Baltic states #Ban Ki-moon #Bank of China #Bank transfer #Banking #Banking sector #Banking system #Barack Obama #BASF #basketball #battery production #BBC #Beer #Béla Bartók #Belgium #Benelux #Best of Budapest and Hungary #BHS Trans Limited #bicycle #bilateral agreement #Bilateral relations #Bio ethanol #Biotechnology #Bisnode Hungary #Bisserka Benisheva #BKV #BMW #BMW cars #BMW Group #Boglárka Kapás #Bond issue #bond market #book festival #book review #border crossing #BorderLINE Architecture #Bozsik Stadium #brandy #Brazil #Brazilian Development Bank (BNDES) #Brexit #British Ambassador #British Chamber of Commerce in Hungary #British Council #British Telecom #Broadband internet #Bronislaw Komorowski #Budapest #Budapest Airport #Budapest Airport Co. Ltd. #Budapest Chamber of Commerce and Industry (BKIK) #Budapest City Branding Nonprofit Ltd. (BVA) #Budapest Eurogames 2012 #Budapest Festival Orchestra #Budapest film #Budapest Fire Service #Budapest ghetto #Budapest Highland Golf Club #Budapest hospitals #Budapest Marathon #Budapest Mayor Gergely Karácsony #Budapest Millennium Underground #Budapest Opera Ball #Budapest Stock Exchange #Budapest Strings Chamber Orchestra #Budapest Week Publishing #Budapest Zoo #Buddhism #Budget policy #Bulgaria #Bundesliga (Austria) #burglary #business #Business club #Business Council for Sustainable Development in Hungary (BCSDH) #Business Council for Sustainable Development in Hungary’s (BCSDH) #Business environment #Business promotion #Business services #Businesspeople #Busójárás #Butterfly Garden
    #campaign financing #Canada #Canadian Chamber of Commerce in Hungary #Cancún Climate Summit #Canoe #Capital Circus of Budapest #car rental #car sales #car sharing service #Car trade #Card payments #Carl Bildt #Carnival season #cars #Cartel #Cash #CEE region #Celldömölk #Census #Center for Budapest Transport (BKK) #Center of Excellence #Central Europe #Central European Initiative #Central European Press and Media Foundation (Kesma) #Central European University #Central European University (CEU) #Central Statistical Office #Ceremony #CERN #Cervantes Institute #Chamber #Chamber of commerce #Chang Sun Dong #Charbel Stephan #Charity #Chemical Industry #Chemistry #chess #Chief Medical Officer Cecíla Müller #Chief Medical Officer Cecília Müller #China #Christian Mühlethaler #Christmas #Chung-ha Suh #CIG Pannonia Life Insurance Plc. #cinema culture #Citibank #Civil Movement #climate change #CMS Cameron McKenna #cobot #Code of Civil Procedure #Colleen Bell #Colliers International #Colorful City Group #columbia #Commemoration #Commemorative coin #Commerce #Commercial accommodation #Communications #Competition #Competitiveness #Concert #Conference #Constitution #Constitutional Court #Construction industry #Consuls #Consultancy #consumer confidence index #contemporary art #contest #Convention tourism #Convertiplane #COP26 #Corinthia Hotel Budapest #coronavirus #Corporate issues #corporate merger #Corporate real estate #Corporate social responsibility (CSR) #Corruption #countryside #Courts #Covid-19 coronavirus #Covid-19 pandemic #Crime #Crisis management #Croatia #cronyism #Csodalámpa (Magic Lamp) Foundation #cultural festival #cultural institute #Cultural Interview #Culture #Customer service #customs service
    #e-mobility #E.ON #East Central Europe #Easter #ECOFIN #Economic forecast #economic reform #Economic relations #Economic sentiment index #Economy #Edit Herczog #Education #Egypt #Eisberg #EIT Health #Elderly home #Elections #Elections in Hungary #Electric charger #Electricity #electricity industry #Electro-mobility #Electrolux #Electronic industry #Electronic payment #Electronics industry #Eleni Tsakopoulos-Kounalakis #ELTE #EMEA region #Emergency #Emigration #Emmy Awards #Employees’ rights #Employment #Enda Kenny #Endre Szemerédi #Energy industry #energy policy #energy security #Energy supply #Engineering #Enikõ Gyõri #Enrique Pastor de Gana #Environment #environment protection #Eörs Szathmáry #epidemic #Epidemiological preparedness #Equifest #Ernõ Rubik #Erste Bank #Ervin Zádor #Esther Horvath #Eszter Cseke and Andras S. Takacs #Ethanol #EU #EU affairs #EU cooperation #EU funding #EU funds #EU General Court #EU loan #EU Presidency #EU supported projects #EuCham - European Camber #Eucham European Chamber #Euro (EUR) #Europe Day #European Automobile Manufacturers Association (ACEA) #European Capital of Culture #European Central Bank (ECB) #European Championships #European Climate Bank #European Commission #European Court of Justice #European Day of Parks #European Football Championship #European Green Deal #European Institute of Innovation and Technology (EIT) #European Molecular Biology Organization (EMBO) #European Parliament #European Union #European Year of Volunteering #Eurowings #evacuation #Exchange rate #Exhibition #Exhibition site #Export promotion #Exposition #External Action Service of the European Union
    #H-UNCOVER #Hableány (‘Mermaid’) river cruise ship #Hackathon #Haiti #Hamad International Airport #handball #Hankook #Használtautó.hu #Health #healthcare #Healthcare workers #Heavy industry #Heim Pál National Pediatric Institute #Heineken #HEINEKEN Hungária #Henkel #Herbert Fisch #Herman Van Rompuy #Hidden Power #Hillary Clinton #History #Holiday season #Hollywood #Holocaust #Home office #Home quarantine #Honorary consul #Honorary consuls #Horizon Development #Hörmann Hungária #horticulturist #Hortobágy National Park #hospital #Hospitality #Hospitality business #Hospitals #Hotel boats #hotelier #hotels #House concert #Household products #Housing #Housing market #Hoventa #huawei #Human rights #Hungarian Academy of Sciences #Hungarian Academy of Sciences (MTA) #Hungarian Ambassador to the U.S. #Hungarian Banking Association #Hungarian Chamber of Health Care Professionals (MESZK) #Hungarian cultural season #Hungarian Democratic Forum (MDF) #Hungarian diplomats #Hungarian economy #Hungarian EU Presidency #Hungarian European Business Council (HEBC) #Hungarian F-1 Grand Prix #Hungarian Film Week #Hungarian Foreign Ministry #Hungarian Foreign Ministry (Ministry of Foreign Affairs and Trade) #Hungarian forint (HUF) #Hungarian GDP #Hungarian gov't vs. EU #Hungarian government #Hungarian Independent Trans­mission Operator Company Ltd. (MAVIR) #Hungarian industry #Hungarian Interchurch Aid #Hungarian inventors #Hungarian Investment and Trade Agency (HITA) #Hungarian Labor Code #Hungarian language #Hungarian Medical Chamber #Hungarian military #Hungarian Ministry of Foreign Affairs and Trade (KKM) #Hungarian Museum of Science #Hungarian Museum of Science Technology and Transport #Hungarian National Gallery #Hungarian National Museum #Hungarian Olympic Committee (HOC) #Hungarian Open Air Museum #Hungarian Parliament #Hungarian President János Áder #Hungarian Press Photo Exhibition #Hungarian society #Hungarian Tourism Agency (MTÜ) #Hungarian-born #Hungarians abroad #Hungaricum #Hungaroring #Hungary #Hungary tourism #Hungexpo #Hygiene #Hyundai
  • © Copyright 2020 Duax Kft. –  All rights reserved.
    searchenvelope-oalign-justifytwitterfacebookfeedinstagrammoon-osunearth