G20 RIIG Conference

The G20 RIIG (Resource Efficiency and Circular Economy Innovation Group) Conference will take place on March 23, bringing together experts, policymakers, and industry leaders from around the world. The conference will focus on the theme of building a sustainable and circular bio-economy, and discussions will cover various topics related to this critical issue.

What is a Sustainable and Circular Bio-economy?

A bio-economy is an economic system that uses renewable biological resources, such as crops, forests, and fisheries, to produce food, energy, and materials. A sustainable and circular bio-economy is one that ensures the long-term sustainability of these resources by minimizing waste and maximizing their value through efficient use and reuse. It involves transitioning away from fossil fuels and non-renewable resources and towards a more sustainable and regenerative economic model.

The Importance of a Sustainable and Circular Bio-economy

A sustainable and circular bio-economy is essential for meeting the global challenges of climate change, food security, and resource depletion. It offers a path towards a more sustainable and resilient future, reducing greenhouse gas emissions and increasing the efficiency of resource use. Moreover, it creates new opportunities for economic growth, job creation, and innovation.

Discussions at the G20 RIIG Conference

The G20 RIIG Conference provided a platform for experts, policymakers, and industry leaders to discuss various aspects of a sustainable and circular bio-economy. Topics covered will include:

1. Innovation and Technology: Exploring the latest technological developments and innovations that can support a sustainable and circular bio-economy.
2. Sustainable Production and Consumption: Discussing ways to promote sustainable and circular production and consumption patterns.
3. Sustainable Agriculture and Forestry: Examining the role of sustainable agriculture and forestry in a circular bio-economy, including the use of agroforestry and sustainable land management practices.
4. Waste Management and Recycling: Exploring the role of waste management and recycling in a circular bio-economy and ways to promote more efficient and effective waste management practices.
5. Circular Business Models: Discussing the development of circular business models that can drive sustainable and regenerative economic growth.

Month: Current Affairs - March, 2023

Category: Important Days & Events Current Affairs • International / World Current Affairs • Summits and Conferences