The buzz word on everyone's lips

It's easy to take things for granted in everyday life. We all do it. Take our access to clean drinking water and safe food. We rarely, if ever, question that one day we may not have access to these essentials. But these are issues that we should concern ourselves with - and it doesn't stop there!

What about access to rare earth metals which are needed to power new technologies? Without them, the economy cannot grow and the prosperity of the nation will be put in doubt.

With China, India, Brazil and many other emerging nations competing for, and putting pressure on, critical resources, we cannot be complacent. Resource security is the new buzz word and will soon, if it isn't already, be on everyone's lips.

Last October, the Green Alliance published its report "Reinventing the wheel – a circular economy for resource security", which examined three crucial resources to the UK economy – metals, phosphorous and water. The report underlines the long-term risks to the economy if we do not start to maximise resource efficiency and minimise waste production.

By early March, the Government will add its own voice to the resource security conversation by publishing an action plan that aims to help UK businesses ensure they can access the resources they need.

Greater resource efficiency is vital to the UK's future. Besides the obvious environmental gains, there is money to be made in an emerging market for secondary resources. This is a time of great opportunity and not one to be complacent.

Nick Warburton

Topics: edie
Tags: | Circular economy | food | resource security | water
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