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In 2017, the material requirement for trade was three times the direct trade, as more than 35 billion tons of material resources were extracted globally to produce 11 billion tons of directly traded goods. When considering the whole life cycle of traded products, trade is responsible for much larger amounts of material extraction than direct trade flows indicate.

On 19 March, ACR+ member OVAM, EEB, UNEP International Resource Panel, UNEP Environment and Trade Hub and ECESP organise a webinar on trade, resource extraction and circular economy. The event will bring together the trade and circular economy communities to increase awareness of the issues raised in the UNEP-IRP report Sustainable Trade in Resources and to feed into the upcoming discussion on the EU’s trade policy review and the future of the WTO. The webinar will also present the findings of the UNEP-IRP report.

Source: https://circulareconomy.europa.eu

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