Circular Economy Bill important step in delivery of more sustainable economy
Ibec, the group that represents Irish business, has welcomed the second stage reading of the Circular Economy, Waste Management (Amendment) and Minerals Development (Amendment) Bill. The Bill represents an important next step in the delivery of a more sustainable economy.
Ibec Head of Infrastructure, Dr. Neil Walker said: “This draft legislation aims to reduce single use plastic packaging and food waste, while providing incentives for local re-use and recycling. By establishing a Circular Economy Fund, it will also enable progressive Irish companies to avail of opportunities to develop more sustainable supply chain strategies. In turn, this can support ambitions to developing a low carbon, resource efficient and competitive society.
“Ibec acknowledges that the behavioural changes required by business and industry over the coming years go well beyond the current scope of the Bill, in view of major developments in the EU policy landscape, such as the Sustainable Finance Taxonomy and the proposal for a revised Ecodesign Regulation. We will continue to support the Department of Environment and the Environmental Protection Agency in their efforts to promote awareness and commitment to the circular economy transition.”