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Top circular economy event calls for future-proofing of investment portfolios

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May 16, 2023

The seventh World Circular Economy Forum (WCEF) shows how to create a new economy, businesses and jobs, by leveraging circular solutions to solve the planetary crises. Held in Helsinki, Finland from 30 May to 2 June, the leading circular economy event gathers forward-looking doers and thinkers and presents the game-changers helping governments, industries, businesses and households become circular.

Picture: Topias Dean / Sitra

This year’s World Circular Economy Forum WCEF2023 shows how the pressing challenge of rapidly scaling up circular solutions can be answered worldwide. For instance, the forum demonstrates how investing in the circular economy is a way to increase profitability and resilience for companies across value chains. Reducing dependencies on scarce virgin materials create sustainable growth and new jobs. Collaboration is key so that entire value chains can become more circular.

The Forum also explores the role and possibilities of the financial sector to tackle challenges and drive coherent action towards de-risking investment in circular initiatives globally. We aim to demonstrate that well-being within the boundaries of nature is possible with policies which create incentives to adequately price natural resources and unlock investments to support uptake.

“I hope businesses and investors as well as countries are looking for truly future proof strategies. Are they ready to respond to the growing call to put nature at the heart of all decision making, business and our lifestyles? Through the WCEF2023, we want to help all kinds of organisations look further into the sustainable and profitable future,” says Jyrki Katainen, President of the Finnish Innovation Fund Sitra, WCEF2023’s co-host.

Another important topic of the forum are circular solutions to halt the loss of biodiversity, where the food and agriculture sector can make the greatest contribution. Additionally, decarbonising the world is critical: as the demand for metals and materials grows exponentially, circular solutions are needed more than ever.

“Setting up new conservation areas is of course necessary, but not enough. If we ever reached the global target to protect 30% of our land and water areas, more significant is what happens in the other 70%. From this point of view it is necessary to integrate economy and market mechanisms to bring solutions,” Katainen continues.

The WCEF2023 brings together more than 2,000 new economy pioneers in Helsinki and thousands more online. You can hear the ideas of more than 120 speakers, participate in 42 results-oriented accelerator sessions, and explore more than 50 circular economy champions in the Expo area. The WCEF2023 is the place to find the best business models, financial instruments, innovations, partners, policies and strategies.

Visions for a circular future by young leaders

The WCEF2023 amplifies strong voices of young generations about the need of transformation from the current linear “take-make-waste” economic system towards a sustainable and regenerative circular economy. At the same time, young voices at the Forum are challenging the way we currently understand the circular economy and demanding for not only their voice but also that of nature to be heard.

“We need to include younger generations to the circular economy discussions as this transition will define their future. That is why we have engaged youth organisations and asked them to actively join the circular economy community at the WCEF2023”, says Svein Berg, Managing Director of the Nordic Innovation, also co-host of WCEF2023.

Meet top doers and thinkers from all over the world!

How the game-changing solutions will be scaled up everywhere will be discussed at WCEF2023 in Helsinki by Managing Director of BlackRock Christopher Kaminker, Chief Impact Officer of Circulate Capital Ellen Martin, Vice-President of European Investment Bank Ambroise Fayolle, Director of African Development Bank Anthony Nyong, Managing Director of the Nordic Development Fund Karin Isaksson, UN Assistant Secretary-General Elizabeth Mrema, Executive Vice-President of the European Commission Frans Timmermans, EU youth delegate to the UN Nadia Gullestrup Christensen, Founder of Swivel Skills & UnSchool Leyla Acaroglu, President and CEO of Metsä Group Ilkka Hämälä and Co-Founder of Climate Farmers Philippe Birker, among others.

Online press briefing on 23 May and accreditation

Want to learn more? Representatives of the co-hosts will share their thoughts and answer questions in an online press briefing on 23 May 15:00 (EEST; UTC+3) / 12:00 (UTC). The briefing is limited to representatives of the media and will take place on Microsoft Teams.

The speakers of the press briefing include:

  • Kari Herlevi, Head of Global Collaboration Unit for Sustainability Solutions, The Finnish Innovation Fund Sitra
  • Svein Berg, Managing Director, Nordic Innovation

Media representatives are required to register for the briefing by 22 May 16:00 (EEST; UTC+3) / 13:00 (UTC) at https://www.lyyti.fi/reg/WCEF2023__Online_press_briefing_0547. Registered journalists will be provided with the link to join the Microsoft Teams meeting.

To join WCEF2023 from 30 May to 2 June online or on-site in Helsinki, media accreditation is needed and is available on the event website at www.wcef2023.com/media.

Mediakit and logos

Download our media kit from WCEF2023’s website for more background information on the circular economy and the World Circular Economy Forum. You’ll find story ideas, contact information of experts for your interviews as well as recommended background material.

The WCEF2023 logo is available at Sitra’s material bank.

Media contacts

Media inquiries and interview requests should be addressed to WCEF2023’s media liaisons:

  • Samuli Laita, Leading communications specialist, Sitra, the Finnish Innovation Fund, samuli.laita@sitra.fi, tel. +358 40 5368650
  • Lena Henriksson, Head of communication, Nordic Innovation, l.henriksson@nordicinnovation.org, tel. +47 9113 8654

Source:(SITRA/Nordic Innovation)

 

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