More
    HomeNewsLatest NewsConstantin Damov, CERC: “Romania needs a strategy for the circular economy”

    Constantin Damov, CERC: “Romania needs a strategy for the circular economy”

    Published on

    Constantin Damov, President, Circular Economy Coalition (CERC), said during “The Circular Economy Roadmap 2021”, organized by The Diplomat-Bucharest:

    “The linear model appeared with the mechanical industry. From that moment on, it moved to industrial production, which required increasing quantities of raw materials. Production records have been reached, but resources are limited and we view them as natural capital. This natural capital must be maintained. The main objective of the circular economy is to maintain natural capital.

    First we use, then we try to avoid waste, to repair, to reuse and finally we resort to recycling. That would be the last step in the circular economy.

    Romania has an enormous chance for the transition to the circular economy. Romania needs a strategy, but also a plan. There are costs to the transition from the linear to the circular economy, and these must be borne at the governmental level. We need bold policies.”

    Latest articles

    Deutsche Bank’s Technology Centre in Romania doubles its workforce over the past five years, aims to hire 200 specialists in 2026

    DB Global Technology, Deutsche Bank’s technology centre in Romania, has doubled in size over...

    IULIUS to invest 9 million euros in refurbishing the Iulius Mall Iasi shopping center

    Companies IULIUS and Atterbury Europe are allocating 9 million Euro to revamp Iulius Mall...

    Patria Bank strengthens partnership with Alive Capital by financing renewable energy infrastructure

    Patria Bank announces the signing of a renewable energy supply agreement with Alive Capital,...

    Cristian Pîrvulescu, ENEVO: “Energy transition enters new phase focused on grids, digitalization and cybersecurity”

    The energy transition has moved beyond simply installing renewable generation capacity and is entering...

    More like this

    Deutsche Bank’s Technology Centre in Romania doubles its workforce over the past five years, aims to hire 200 specialists in 2026

    DB Global Technology, Deutsche Bank’s technology centre in Romania, has doubled in size over...

    IULIUS to invest 9 million euros in refurbishing the Iulius Mall Iasi shopping center

    Companies IULIUS and Atterbury Europe are allocating 9 million Euro to revamp Iulius Mall...

    Patria Bank strengthens partnership with Alive Capital by financing renewable energy infrastructure

    Patria Bank announces the signing of a renewable energy supply agreement with Alive Capital,...