World Bank

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Circular Economy in Industrial Parks: Technologies for Competitiveness

📅 Date:

🔖 Topics: Circular Economy

🏢 Organizations: World Bank


The key message of the report is that circular economy interventions are not just environmentally beneficial but also economically viable, and hence, can improve the competitiveness of industrial parks and tenant firms. Implementing circular economy principles in industrial parks requires honing in on innovative approaches. In particular, ecoindustrial parks (EIPs), as well as the technologies and business models adopted in EIPs, are important building blocks for scaling up the circular economy approach and accelerating green, sustainable, and resilient industry growth. The report highlights EIP technologies, infrastructure investments, and business models in the following three areas: energy (primarily renewable energy technologies), water (water supply and wastewater treatment technologies), and material and waste heat (industrial symbiosis and other material recovery technologies).

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