Economic Development Serving Communities in 2040

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1 Economic Development Serving Communities in 2040

2 Economic Development Failing our Communities?

3 My Journey Linear Economy Key Progress Indicators Drivers of Change Circular & Blue Economy Presentation overview

4 Carpenter Civil Project/ Business Advance Engineer Program Director Leader Cairns CEO My evolution Possible People & Blue Economy Expert

5 Carpenter Civil Project/ Business Advance Engineer Program Director Leader Cairns CEO My evolution Possible People & Blue Economy Expert Off-road motor cycle enthusiast

6 Let s Go!

7 Linear Economy

8 Highest median wealth in the world Second least unequal distribution Sources: 2013 Credit Suisse Wealth Report &

9 Large Houses and Big Debt Source: Australian Financial Review, April 2014:

10 Long life expectancy but getting very fat! Sources: Monash University:

11 Source:

12 Resource Use and Economic Development Source: Accenture, Circular Advantage, Innovation Business Models and Technologies to Create Value in a World Without Limits to Grow

13 Waste has doubled Source: Department of Sustainability, Environment, Water, Population and Communities, Waste And Recycling In Australia 2011

14 We can t sustain ourselves! Source:

15 The Local Impact!

16 Competitive business pressures

17 Increasing goods and services being provided from elsewhere

18

19 Youth unemployment

20 What kind of community do you want to shape?

21 Different approaches De-couple economic growth from natural resource consumption

22 The circular economy could immediately inject $1 trillion into the global economy. Circular Economy Professor Damien Giurco, Research Director, Institute for Sustainable Futures, University of Technology Sydney, 25 February 2014.

23 Consume Nature reuses each nutrient Produce Re-introduce

24 WASTE doesn t exist in nature

25 Linear Business Model Product Production (Raw) Materials Source: Ellen Macarthur Foundation, Circular Economy Business Model,

26 Circular Business Model Product End of Life/ End of usage Production (Raw) Materials Materials Cycle Performance/ Service Cycle Usag e Reverse Logistics Directly or Collective (Performance) Contract Source: Ellen Macarthur Foundation, Circular Economy Business Model,

27 Case Study Sources: Accenture Sustainability 24 Forum, Circular Economy: How Technology Enables Disruptive Business Models &

28 Michelin Fleet Solutions Leases Tires to Fleet Vehicles Source: Ellen Macarthur Foundation, Circular Economy Business Model,

29 The factory recreates new functional engines with old ones. Reconditioning factory Choisy-le-Roi Each auto part requires 80% less energy 88% less water 92% less chemical products 70% less waste than a new one. Source: Ellen Macarthur Foundation, Circular Economy Business Model, & WIITHAA The factory is the most profitable of the group millions euros in 2012.

30 Global Brands Adopting the Circular Economic Model I see there is a business case, it s in the interest of consumers and also of the planet and society Jørgen Buhl Rasmussen, CEO, Carlsberg one of the most exciting things about closed loop innovation is that this is going to drive the next generation of business growth Ian Cheshire, CEO, Kingfisher

31 The Blue Economy

32 Key Components of the Blue Economy

33 Key Components of the Blue Economy Builds on the Circular Economy

34 Key Components of the Blue Economy Meeting basic needs with local resources

35 Key Components of the Blue Economy Systems thinking - creating Multiple Revenue streams from existing assets

36 Key Components of the Blue Economy Waste as a Cascading Resource

37 Key Components of the Blue Economy Innovative technology inspired by nature

38 Key Components of the Blue Economy

39 Blue Economy Outcomes New businesses, more local jobs and a regenerated environment

40 Case Study - Mushroom farming on coffee waste Source: Professor Gunter Pauli, The Blue Economy

41 Scan, Screen & Implement

42 Conclusion In a chronically leaking boat, energy devoted to changing vessels is more productive than energy devoted to patching leaks. -Warren Buffett

43 Cairns Tropical North Queensland, Australia T: +61 (0) E:

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