BEGIN:VCALENDAR VERSION:2.0 PRODID:unctad.org BEGIN:VEVENT UID:6a8d620c60213 DTSTART:20240903T040000Z SEQUENCE:0 TRANSP:OPAQUE DTEND:20240903T053000Z LOCATION:High-level Forum on Multi-Stakeholder Partnerships\, Bali Internat ional Convention Centre \, Indonesia SUMMARY:Developing Pathways for Circular Economy: Enhancing Collaboration t o Strengthen Global Circular Value Chains CLASS:PUBLIC DESCRIPTION:BackgroundThe unsustainable nature of linear economic models in a world with finite resources has become evident and has fueled a shift t owards circular economies. While discussion and circular economy efforts a re closely connected to the national level\, a transition towards a more r esource efficient and circular economy has broad linkages with internation al trade. The circular economy may affect international trade patterns at multiple stages of a product'\;s life: the extraction of raw materials \, design and production\, distribution and marketing\, the sale of used g oods or components\, the recycling of end-of-life products\, the movement of waste materials\, and the growth of related services and new circular b usiness models. International cooperation on circular economy value chains could be explored for possible harmonization of quality standards of mate rials\, promoting demand for sustainable and secondary raw materials\, to remove unnecessary regulatory barriers\, avoid environmentally harmful act ivities\, and to create demands for green jobs.Although circular economy i mplementation promises to decouple growth from irreversible environmental harm\, certain areas encounter complexities that could create unintended n egative consequences that needed to be addressed if global circular econom y is to be made equitable and fair across the border—one of the issues is on how we govern how waste is traded. In terms of trade in waste\, impo rts by non-OECD countries declined by 9% between 2021 and 2022\, from 2.2 Mt to 2.0 Mt. However\, non-OECD countries\, notably in the Southeast Asia region\, remain among the largest importers of plastic waste and scrap.Ci rcular economy gives many new opportunities to source materials for produc tion and consumption\, extending the lives of current materials in the val ue chains. For circularity to grow\, technical barriers should be removed through mutual recognition or harmonization of standards. Traceability is also important while also encouraged through facilitation measures. The aw areness and capacity along the value chains is needed to ensure the circul ar trade is carried in a sustainable manner and create a fair pathway for the different strata in societies and across countries. With over 715 poli cies\, regulations or plans directly related to circularity implementation in the world as of 2024\, some multi- stakeholder platforms have been for med to create the ecosystem for circular economy overcoming the challenges . Objectives This discussion aims to:1) Discuss challenges and opportuni ties on building international circular value chains\, from the words of p ractitioners\;2) Identify how trade and enablers of circular products and materials should be facilitated and monitored\; and3) Identify what role c an international and multi-stakeholder cooperation play to induce standard ization\, digitalization\, and innovation in promoting circular economy at the regional and global levels. ProgrammeThematic Session: Developing Pa thway for Circular Economy: Enhancing Collaboration to Strengthen Global C ircular Value ChainsModerator: Mr. Henrique Pacini\, Economic Affairs Offi cer and SMEP Programme lead\, UNCTADPanellists:Mr. Shunta Yamaguchi\, Poli cy Analyst of the Environment and Economy Integration Division\, OECDMr. E rik Wijkström\, Director\, Head of Technical Barriers to Trade in the WTO Trade and Environment Division\, WTOMr. Adrian T.H. Kuah\, International Expert\, Capacity Development for International Organization for Standardi zation (ISO)Ms. Latifahaida Abdul Latif\, Head of Department/ Assistant Di rector of the Analysis and Monitoring on Finance &\; Socio-Economic Div ision ASEAN SecretariatMs. Vivi Yulaswati\, Deputy of Maritime and Natural Resources\, Ministry of National Development Planning/Bappenas\, Indonesi aMr. Bijaksana Junerosano\, Co-Founder and CEO Waste4Change https://circu lareconomy.earth/?policy=ce-rs\n\nView meeting on unctad.org\nhttps://unct ad.org/meeting/developing-pathways-circular-economy-enhancing-collaboratio n-strengthen-global-circular DTSTAMP:20260825T093612Z END:VEVENT END:VCALENDAR