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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
  • Population 15 million
  • Financial and industrial capital of Turkey
  • Diverse economy
  • Istanbul GDP €240 billion
  • Turkish circular economy potential €25 bn
  • IMM employs 44,000 persons