The World Economic Forum has collaborated with the Ellen MacArthur Foundation for a number of years to accelerate the Circular Economy transition through Project MainStream - a CEO led initiative that helps to scale business driven circular economy innovations.
Building on this work, the Platform for Accelerating the Circular Economy - PACE- was launched in 2017 as a public-private collaboration, co-chaired by the CEO of Philips, the heads of the Global Environment Facility and UN Environment, with the Ellen MacArthur Foundation, the International Resource Panel, Circle Economy and Accenture Strategy as knowledge partners.The World Economic Forum hosts and facilitates the Platform.
PACE aims to create systems change at speed and scale by enabling partners to:
- Develop blended financing models for circular economy projects, in particular in developing and emerging economies
- Help create and adjust enabling policy frameworks to address specific barriers to advancing the circular economy
- Bring the private and public sector into public-private collaborations to scale impact around circular economy initiatives
The Global Leadership Group currently includes over 40 CEOs, Ministers and heads of international organizations committed to leading a portfolio of projects and activities. Project focus areas include - plastics, electronics, food & bioeconomy and business model and market transformation across China, ASEAN, Europe and Africa.
For more information, contact Antonia Gawel, Head, Circular Economy Initiative (email@example.com).
For more information, please refer to the PACE website. and explore the Transformation Map.