Contributing towards the Sustainable Development Goals
bio-bean’s contribution to the global SDGs illustrates the potential of the Circular Economy to improve the quality of life around the world.
The Sustainable Development Goals (SDGs) are an ambitious set of 17 goals and 169 targets developed by the UN, that aim to provide an overarching narrative for global development in the 21st Century and improve the standard of living around the world. They focus on reducing poverty, improving health, defending human rights and protecting our environment.
Some economists have criticised the SDGs for being too broad, arguing it would be more constructive to concentrate spending in a few areas that are the most cost-effective – that produce the most ‘good’ per dollar.
But here at bio-bean, we believe that the Circular Economy is one such area.
Although our contribution may be small, the work we do falls under 6 of the SDGs! The Circular Economy has the potential not only to improve resource efficiency and save you money; but also create meaningful jobs, decouple economic growth from environmental degradation, encourage collaboration by forming new partnerships, provide clean sources of energy and protect our forests and biodiversity. This shows that even a small investment in the Circular Economy can have a huge impact across a wide range of the SDGs.
We encourage all governments and businesses to adopt circular practices that create value from ‘waste’ and make the most of the resources we already have available, as bio-bean has done with our new Coffee Logs product. It’s the diffuse benefits of this process that make transitioning towards a Circular Economy a vital step in improving the quality of life around the world.