Circular Economy from a geopolitical perspective

The challenge

Currently, global trade in running on a delicate supply chain. Brexit is an example, how easy an entire economy can face severe shortages due to some disruptions. Another example is the global shortage in chip production. Geopolitical tensions are increasing between the great powers and are not likely to calm down, while climate change is adding more gasoline to the fire which puts the global supply chain at risk. It is the reliability of said supply chain, that is impacted by ever more unplanned disruptions.

The solution

The EU Green Deal is presenting an once-in-a-lifetime opportunity. Central part of which is the industry strategy featuring geopolitical implications. Europe is to become the green factory. Companies will be dealing with the CO2-Bordermechanism and the increased carbon prices by the EU ETS. I am proposing a campaign to lean into the change instead of fighting it, as the long term benefits will be substantial. The geopolitical tensions will add intense cost to any company that is not prepared and the time to do so is now.

The integration of geopolitical thought into Circular Economy