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Sustainability
Scaling finance for the Circular Economy
The opportunity for development of the Circular Economy is vast, spanning major industry sectors and markets.
The case for circularity
The Circular Economy has gained significant attention over the past ten years. At Standard Chartered we are seeing an increased focus on circularity as a driver of commercial outcomes, greater efficiency and economic resilience.
Circular Economy solutions:
- Contribute to more sustainable growth, enhancing resilience and reducing risk.
- Are essential for delivery of decarbonisation and climate objectives.
- Are an important vehicle for delivery of nature and regenerative objectives, and societal benefits.
Through leveraging Standard Chartered’s innovative financing expertise, network and global reach we can help support our clients in developing and scaling Circular Economy solutions.
Scaling circular finance – our new report
This first report from the Circular Economy Innovation Hub focuses on the challenge of mobilising finance to scale the Circular Economy. With a projected global population growth potentially reaching more than 10 billion by 2050, the report compares adoption of circularity across regions and sectors and how to shift to a more effective and efficient economic model.
Four key levers for scale
It outlines four key levers to help close the estimated USD6.5 trillion circular funding gap that currently exists.
A multi trillion dollar opportunity
The Circular Economy could generate an economic opportunity of USD5 trillion per annum.
There is no time to waste, find out more
Standard Chartered has an important role to play in supporting our clients, sectors and markets to deliver net zero, but to do so in a manner that supports livelihoods and promotes sustainable economic growth. We currently provide financial services to clients, sectors and markets that contribute to greenhouse gas emissions however we’re committed to net zero in our own operations by 2025 and in our financed emissions by 2050.