It's High Time for a "Circular Deal"

The chemical sector faces a monumental task: not only must the transition to sustainable energy be made, but fossil raw materials must also be replaced with sustainable alternatives. Knowledge center Brightsite has indicated in the 'Brightsite Transition Outlook', the main findings of which were presented on November 7 during the annual event of the Green Chemistry platform, New Economy, that we need millions of tons of recycled plastic, sustainable biomass, and carbon from CO2 for non-fossil plastics and green hydrogen as raw materials. The transition of raw materials cannot only be seen as an environmental issue or an economic barrier, but is also essential in societal terms. Moreover, the transition offers enormous opportunities for new companies and a new sustainable economy for the Netherlands.

Therefore, I advocate for a 'Circular Deal' similar to the Climate Act and the Green Deal. Such a legal framework can provide the industry with the clarity it needs to transition to circularity.

For a successful transition of raw materials, coherent and stable long-term policy from the Ministry of Economic Affairs and Climate and other governments is necessary. We must create new markets for circular products and stimulate green innovation within the chemical industry. We should also remember that consumers need to be well-informed about circular products, and the government has a role to set an example by purchasing green.

Harmonization of our regulations with those of the EU is crucial to accelerate the transition of our industry and society to a circular future. Without this synchronization, we risk losing essential industries and innovations, something we cannot afford socially. In stark contrast is the current complex regulation. Simplification of this, especially concerning recycling and the use of renewable materials, is vital. Equally important is the promotion of circular business models to support this necessary change.

The political will to green the chemical industry is present, as evidenced by recent debates. It is now up to political leaders to turn words into actions. By acting now, we not only protect our planet but also create a future economic reality with the Netherlands as a world leader in sustainable chemistry. The time for action is now.

Source: guest contribution by Arnold Stokking for Change Inc.