Circular Cars Initiative launched at United Nations Climate Action Summit
On the occasion of the United Nations Climate Action Summit, EIT Climate-KIC, the World Economic Forum and several partner organisations have unveiled an effort that aims to radically reduce the automotive industry’s footprint: The Circular Cars Initiative.
Cars are responsible for 90 per cent of air pollution in cities and contain 1.4 tonnes of material on average. At the end of a vehicle’s life, little of this material is recovered and re-used. However, technological advancements and environmental concerns are now driving a rapid transformation of individual mobility.
The initiative works towards transforming the industry through the lens of the circular economy and mobility-as-a-service. The joint partners have three focus areas: Design for longevity through sharing and pooling concepts, improved materials management and advanced re-manufacturing.
The Circular Cars Initiative engages stakeholders along the automotive value chain. This includes material suppliers, fleet operators, re-manufacturers, recyclers, data platforms, and regulators. At its core, the initiative is a collaboration between the World Economic Forum and the World Business Council for Sustainable Development, with EIT Climate-KIC as a key partner. Technical support is provided by SystemIQ, an environmental services consultancy. Other key partners are chemicals company Lanxess, and LeasePlan, a world leading car-as-a-service company.
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