Driving circularity is all the more important for the construction industry. The world is set to build the equivalent of New York City every month for the next 40 years, driven by rising population and urbanization. Over 40 billion tons of virgin materials are extracted from the planet every year to build. Making construction more circular is essential to stay within our planet's boundaries while we improve living standards for all.
There are also circular opportunities when buildings reach the end of their life, since construction and demolition materials (CDM) represent a significant waste stream. In Europe alone CDM represents a third of the total volume of waste and since concrete is infinitely recyclable just like glass, we have set an ambitious target to recycle 10 million tons of CDM by 2025.
By driving circular construction we unlock economic growth in a way that is climate-friendly, nature-positive and socially-inclusive.
READ MORE IN OUR CLIMATE REPORT