Making its way to the top of global agendas and the bottom of balance sheets, biodiversity recently has risen through the ranks of planetary priorities. As a result, I’ve noticed a growing number of organizations calling to connect the dots between the circular economy and biodiversity, so I thought it worthwhile to consider their relationship — one that I instinctively felt to be a bit of a stretch.
Although fundamentally aligned in their overlapping aims to address resource extraction, water scarcity, energy generation, toxicity and climate change, in practice circular economy strategies and biodiversity preservation seem to be one step removed.
For example, repairing or reselling a pair of jeans does not directly preserve biodiversity. But done at scale, product life extension and keeping materials in use for as long as possible does reduce the need to extract the same quantity of natural resources, and therefore reduces the strain on our ecosystems. The same can be said for climate change mitigation, given that climate change contributes to 11 to 16 percent of biodiversity loss, and circular economy strategies can reduce carbon emissions.
A central aim of the circular economy is to curb the extraction of finite resources and to regenerate living systems — two strategies that support the preservation of biological diversity, but only if they are done right. Read more