Read the full story in GreenBiz.
The challenges involved in converting the global economy from linear to circular processes and consumption habits are massive, multi-faceted and multi-dimensional.
Considering the technological, policy, marketing, logistical and infrastructural innovations that will be required, it is clear that the solutions will be bigger than any one player — or even any one group of industry-specific collaborators — can orchestrate. Such a monumental challenge requires a monumental effort.
The REMADE Institute is one such effort, funded with $70 million from federal funding sources and $70 million from its various members. Composed of 26 universities, 44 companies, seven national labs and 26 industry trade associations and foundations, it’s the largest and most comprehensive effort (at least in the United States) focused primarily on addressing the changes required to retool remanufacturing processes for the circular economy.