Dewick, P, Bengtsson, M, Cohen, MJ, Sarkis, J and Schröder, P (2020) Circular economy finance: Clear winner or risky proposition? Journal of Industrial Ecology.

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Abstract

A major shift in private and public investment is needed to forge a transition to a circular economy. A recent surge of activity from policy makers, the financial industry, and other stakeholders suggests commitment and progress toward providing resources to facilitate this process. In this forum article, we provide a measured, and in some respects critical and corrective, assessment of these developments. We highlight the riskthat progress toward a circular economy will be curtailed by strategic decisions based on contestable understanding, fuzzy indicators, and inadequate information. Before major industry actors implement international investment standards, launch innovative financing vehicles, and ramp up investment, we call for more effective oversight to prevent the circular economy from becoming yet another compromised and ultimately ineffectual sustainability concept.

Item Type: Article
Additional Information: The final version of this accepted manuscript can be accessed online at https://onlinelibrary.wiley.com/doi/full/10.1111/jiec.13025
Uncontrolled Keywords: circular economy; environment and finance; industrial ecology; socially responsible investing (SRI); sustainability indicators; sustainable development
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Humanities and Social Sciences > Keele Business School
Depositing User: Symplectic
Date Deposited: 30 Jun 2020 14:19
Last Modified: 02 Jul 2020 10:36
URI: https://eprints.keele.ac.uk/id/eprint/8264

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