Resource Efficiency Circular Economy Industry Coalition (RECEIC)

July 29, 2023

RECEIC was launched recently on the sidelines of the 4^th G-20 Environment and Climate Sustainability Working Group (ECSWG) and Environment and Climate Ministers’ meeting in Chennai.
Conceptualized under India’s G20 Presidency, RECEIC is an industry-driven initiative aimed at promoting resource efficiency and circular economy practices
The government would only play a supporting role.
39 companies headquartered in 11 different countries have joined the coalition as its founding members.
The MNCs from sectors such as steel, FMCG, electronics came together to pledge to adopt resource efficiency and circular economy principles to address environmental challenges rising from waste, including plastics, microplastics, e-waste, and chemical waste.
The coalition is envisioned to be a self-sustaining entity that will continue to operate beyond India’s G20 Presidency, making a lasting impact on environmental sustainability.
As a collaborative platform, RECEIC aims to facilitate knowledge-sharing, best practice sharing, and sustainable practices among the participating industries.