Finnish Circular Economy initiative noted in Davos
The Finnish Relooping Fashion Initative coordinated by VTT Technical Research Centre of Finland and Ethica received a Highly Commended status in The Circulars 2016 Awards. The award ceremony was held at the World Economic Forum Meeting in Davos.
The initiative was noted in the Award category for Circular Economy Government, Cities & Regions. This category awards initiatives which best enable an environment for the circular economy to develop and flourish.
The Relooping Fashion Initiative’s goal is to enable recycling of post-consumer textiles and to create new business opportunities. In addition to VTT and Ethica, several Finnish companies like Pure Waste Textiles and Repack were also part of the initiative.
The winners of the 2016 awards included for example Philips and Veolia as well as people’s choice Canon. The public sector category winner was OVAM Flanders’ Materials Programme, which is a regional circular economy development initiative.