How does the circular economy impact Chile?

Circularity in Chile: A significant change, covering both economic and environmental aspects.

The adoption of circular economy principles is leading to remarkable efficiency in the use of resources in the country. According to the Seremi del Medio Ambiente RM, Sebastián Gallardo, “In 2019, the Ministry of the Environment (MMA), together with the Ministry of Economy, CORFO and the Sustainability and Climate Change Agency (ASCC), decided to generate an ambitious Sheet Route to the Circular Economy that serves as a basis to promote a transition towards the ‘Circular Chile of the future’, with concrete measures to transform the country by 2040.” This efficiency is not only helping to reduce production costs for companies, but is also strengthening its competitiveness at a global level.

On the other hand, the circular economy is opening new doors in Chile, especially in sectors such as recycling, reuse and remanufacturing. These emerging areas are not only creating employment opportunities, but are also driving innovation in technologies and processes that are in line with environmental sustainability goals.

From an environmental perspective, the circular economy is making an important contribution to reducing waste generation and reducing pressure on natural resources in the country. This impact is especially crucial considering the environmental challenges Chile faces, such as water scarcity and ecosystem degradation.

In summary, the circular economy is playing a fundamental role in the transformation of the Chilean economic model towards a more sustainable and resilient one. This change is not only optimizing the use of available resources, but is also protecting the environment for future generations, thus laying the foundation for more equitable and sustainable development in the country.