Workshop on the application of measurement tools and indicators for the circular economy

Inspired by the global push towards sustainable development, the workshop on the application of measurement tools and indicators for the circular economy aimed to engage stakeholders in advancing Vietnam's circular economy initiatives. Supported by the Hanns Seidel Foundation, this event provided a platform for Vietnamese policymakers, industry leaders, and researchers to discuss the adoption of circular economy principles aligned with global standards.

 

Key Presentations

Our presentation online, delivered by Arpit Bhutani, COO of Circular Innovation Lab, and Evangelia Lily Moumtzi, Circular Economy Research Intern, focused on the EU Taxonomy for circular economy. The session provided an in-depth overview of the taxonomy, highlighting its criteria for classifying sustainable economic activities and its role in promoting resource efficiency, waste reduction, and material recycling.

 

Discussions and Impact

We discussed the benefits of adopting the EU Taxonomy, such as enhanced market transparency, mitigation of greenwashing, and alignment with broader policy objectives like the EU Circular Economy Action Plan. The presentation included examples of global best practices and recommendations for tailoring these practices to Vietnam's unique environmental, social, and economic contexts. Participants engaged in a lively discussion, exploring the practical applications of the EU Taxonomy in Vietnam and the steps needed to implement these practices effectively.