Amec Foster Wheeler has been awarded a contract by the London Waste & Recycling Board (LWARB) to provide technical support for the development of a new Circular Economy Route Map for London. The Route Map reflects the Mayor of London’s ambition that the capital becomes a world leader in implementing an overarching strategy for the circular economy. The Route Map will identify how this can be done focusing on identifying partners, actions, opportunities and challenges to implementing circular economy in London.
London’s Route Map is one of the first to be launched by a city or region in the world. Amec Foster Wheeler estimates that the circular economy will bring benefits of at least 拢7bn annually to the city by 2036.
It is hoped that the Route Map will inform economic, environmental, and social policy development in London, raising awareness across the private and public sectors of what makes a circular economy and identifying where opportunities exist. The initial focus is on five key areas with high levels of turnover, significant environmental impact and unexploited potential for re-use - the built environment, food, textiles, electricals and plastics.
Amec Foster Wheeler has assessed the initial circular economy potential in these five areas and is currently working with stakeholders in London to identify opportunities and barriers at the operational level.
The circular economy is important for London’s future. Our multi-disciplinary team of economists and resource efficiency experts will provide LWARB with the benefit of our cross-sectoral experience in this area, helping London achieve its ambitions to be a global front-runner in the development of the circular economy.