The current linear economy model of take-make-dispose is very unsustainable and has led to serious global issues, such as climate change, biodiversity loss, pollution, and waste, thus making a transition to a circular economy an imperative for every economic actor.
According to Accenture, the circular economy — an economic system designed to ensure resource optimization, maximize waste prevention, and minimize social and environmental costs — could generate $4.5 trillion in additional economic output by 2030. This is a massive opportunity. Training professionals can leverage this opportunity and thus contribute to the achievement of the United Nations 2030 Sustainable Development Goals by playing a major role in supporting global businesses' transition to a circular economy through capacity building, facilitation of information exchange, and by directly adopting a circular business model in their practices. Some examples of circular business models include resource sharing, leasing, product-service systems, reusing, refurbishing, co-ownership, remanufacturing, and recycling.
During this webinar, we will highlight the business case for a transition to a circular economy, discuss the types of circular business models, and share ideas of how training professionals and organizations can adopt circular models and fully exploit new opportunities, while making our planet a healthier place to live in — for us and future generations.
JONATHAN IKEOLUMBA: IFC Master Trainer, IFC-LPI TPMA Assessor and Trainer
Jonathan Ikeolumba is a certified chartered accountant, finance trainer, IFC certified master trainer, and IFC-LPI TPMA trainer and assessor. He is passionate about solving complex business problems and helping businesses create value. Jonathan specializes in financial management and sustainability having over 15 years of experience in banking, development finance, consulting, and business coaching.
Jonathan Ikeolumba is currently a managing partner at Officelord Consulting, a finance and strategy development firm based in Lagos, Nigeria.