Manufacturing is key to development by building economic complexity through industrialization. As the manufacturing sector adds new capabilities to produce more products, participates in value chains, and adds process technologies, this results in more resources and materials being used. Circular economy models are necessary to replace the make, use and dispose linear production model.
The manufacturing sector is now focusing on its crucial role in conserving resources, eliminating waste, and transitioning into more regenerative business models where repairing, reusing, and recycling products replaces simply disposing of them.
The third IFC Global Manufacturing Conference will address the critical questions regarding Circular Economy and provide a dynamic forum for exploring the future of manufacturing.