CircularPSP - Istanbul

Istanbul

CIRCULAR ECONOMY TARGETS

Adopt circular economy principles to reduce waste and use resources efficiently.
Promote and support circular economy practices such as recycling, recovery, and reuse.
Collaborate among public, private sector, academic world and civil society organizations to strengthen the circular economy ecosystem in Istanbul and increase cooperation opportunities.
Promote sustainable production and consumption systems for using waste as a resource.
Develop a transportation system in Istanbul that minimizes environmental impacts and relies on renewable energy sources.
Adopt a new economic model about the energy management.
Adopt a more sustainable approach to water management in Istanbul and protect water resources.
Conduct education, communication, and information activities to raise awareness about the circular economy and ensure community participation in Istanbul.

MAIN CHALLENGES TO ACHIEVE TARGETS

Growing population and immigration that result in social integration challenges.
Traffic density and congestion; need for new integrated public services and more housing and commercial areas.
Increased consumption and consequently greater waste generation.
Absence or insufficient strength of necessary legal regulations for the implementation of a circular economy.
Circular economy practices can be more expensive in some cases and financially challenging for some companies.
Insufficient awareness of the basic principles and benefits of a circular economy in society.

HOW CIRCULAR-PSP HELPS

Creation of new markets for modern products and systems
Creating a demand pool by explaining our needs as public in terms of functionality and performance
Creation of a test area for innovative products,
Creation of leading markets for new technology and solutions
Helping disadvantaged groups by offering them products from the circular economic model
Providing employment for disadvantaged group

SIGNIFICANCE OF CIRCULAR ECONOMY