Advancing circular economy practices in Australia
Monash Sustainable Development Institute (MSDI), in collaboration with Monash Business School and CSIRO, is leading initiatives to advance circular economy practices in Australia, focusing on adapting European models, fostering industry innovation, and building partnerships:
- A consortium was initiated to co-create a research program with industry partners, producing reports, guides, and journal articles, and establishing a training program for circular economy talent.
- The Circular Economy Ministerial Advisory Group Interim Report was presented at a roundtable, facilitating collaboration between MSDI, MBS, Victorian industry, and local councils, featuring workshops and presentations on circular economy tools and taxation's role.
- Circular Economy Labs were launched to drive systemic change from a linear to a circular economy, focusing on value chain redesign, behavioural transformation, and policy experimentation.
- A comprehensive roadmap was developed to transition Australia towards a circular economy, emphasising sustainable practices and policy recommendations to the Productivity Commission.
