KEY SYNERGY TOPICS
- CIRCULAR AND SHARING BUSINESS MODELS
- DEMAND FOR RECYCLED AND RENEWABLE FIBRES
- ENHANCED IDENTIFICATION AND TRACKING
- POST-USE ECOSYSTEM
- SORTATION AND RECYCLING
- ECOSYSTEM MODELLING
- POLICY AND REGULATION
To achieve the multiple elements of the target state, more capital is needed for circular businesses, technologies, and infrastructure. Greater funding will support the activities of stakeholders across the ecosystem in developing circular models and promote the economy for maintenance, repair, and resale of clothes. As has been noted throughout this report, there is a need for significant capital investment to achieve the target state and its three desired outcomes. The current investment gap is most clear in the UK’s waste infrastructure and its capacity for optimised sorting and recovery at the end of use. The transition is therefore a unique opportunity for government and investors to work together to invest in innovation and infrastructure across the ecosystem. The government will be a key stakeholder in providing, enabling, and supporting this investment.
Additionally, brands, retailers, and reprocessors should look to leverage government support and private capital that will become increasingly available in the coming years as efforts to transition to a circular economy gather pace.