Smart building: The long way to a circular economy

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Smart building: The long way to a circular economy


Smart building: The long way to a circular economy

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Richie Thinh Duong

ABB Business Leader, Data Center, Smart Cities, IoT, AI & Cloud

Smart building: The long way to a circular economy

Updated: 4 hours ago

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Smart Building: The long way to a Circular Economy

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Possibly, in 2050 the word waste can be removed from our dictionaries. At that time, the Dutch economy will be circular according to the government. Meaning in essence, that all raw materials are reused infinitely. In order to reach this goal, an agreement with respect to the use of raw materials has been concluded between 325 parties. Its first milestone is halving the use of primary raw materials before 2030.

Many are skeptical of the outcomes of this agreements. Admittedly, 38.7% of the Dutch population feels that we are on the right track, although progress is slow. Jan Jonker, professor of business administration at Radboud University, is more pessimistic: We do not think circular yet. Institutions, from legal to fiscal, are fully geared to the linear economy. Continue....