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Blue Circular Economy

Sector: Commercial • Location: United Kingdom

Source: Keep.EU

Project
Closed

Globally, oceans continue to accumulate debris in all forms making them possibly the biggest landfills on the planet. Marine littering, defined as the introduction of solid refuse into the marine environment through human activity, poses a major threat to the ocean environment and is a growing concern for authorities. Plastic is seen as an important material in our economy and our daily lives,

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The project “Blue Circular Economy” is an infrastructure initiative in the Commercial sector, located in United Kingdom. Taiyo aggregates data on it from Keep.EU.

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Description

Description

Globally, oceans continue to accumulate debris in all forms making them possibly the biggest landfills on the planet. Marine littering, defined as the introduction of solid refuse into the marine environment through human activity, poses a major threat to the ocean environment and is a growing concern for authorities. Plastic is seen as an important material in our economy and our daily lives, but too often the way plastics are produced, used and discarded fails to capture the economic benefits of a more circular approach and harms the environment. Due to immature value chains most of the discarded nets end up in landfills or incineration plants instead of being recycled or upcycled. Most of the companies exploring waste fishing nets, ropes and components (FNRCs) to develop new resources, are micro-SMEs which operate within a regional or local market, where the demand is limited and product costs remain too high. Blue Circular Economy (BCE) aims to help small and medium-sized enterprises (SMEs) offering products and services within fishing gear recycling solutions in the NPA region to attain a greater market reach. Building on the network developed under Circular Ocean (2015-2018), the project will set up a multi-level cluster to connect and catalyze SMEs in the region. The cluster formation will be used as a hub, multiplier and network enabler where knowledge and experience is developed and shared, all the while adopting an inclusive gender-equal approach. The cluster establishment and operation will be done in collaboration with academia, industry and government agencies following a triple helix approach. BCE will therefore contribute to sustainable development in the NPA region at the economic, environmental and social levels.

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Medium

Data quality score

100%

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