Adopting circular business models is the foundation for Ukraines reconstruction [Video]

“Adopting circular business models lays the groundwork for Ukraine’s reconstruction, enabling the efficient reuse of industrial waste. We want to build Ukraine back better and this means build Ukraine back greener,” said Nadiya Bigun, Ukraine’s Deputy Minister of Economy.

Speaking at the World Circular Economy Forum 2024 (WCEF) in Brussels, Belgium, the Deputy Minister highlighted that Ukraine wants to adopt best practices of green and resource efficient solutions.

Assessment of 26 Ukrainian Small and Medium-Sized Enterprises (SMEs) identified potential savings of over EUR 1.1 million from implementing Resource Efficient and Cleaner Production (RECP) measures which would also lead to the introduction of circular economy practices by the selected businesses. Since 2019, UNIDO, as a part of the EU-funded EU4Environment action, has already assisted over 200 companies in five Eastern Partnership countries (Armenia, Azerbaijan, Georgia, the Republic of Moldova, and Ukraine) in considering circular economy principles to increase their competitiveness and to reduce their energy, material and water use.

Ukraine’s circular reconstruction was the focus of the forum’s Accelerator session, hosted by …