Catalyst Environment Technology Solutions Private Limited (CETS) has revealed its partnership with Circularity Global, a Climate-Tech Startup based in London committed to pioneering circular economy solutions for waste management. Circularity Global leads the charge in Circular Economy innovation, utilizing cutting-edge technologies and forward-thinking strategies to reshape waste management practices on a worldwide scale. Leveraging its Circularity Innovation Hubs, the company converts waste into valuable resources or energy, championing the principles of a circular economy.
Central to Circularity Global's operations is the Circularity Registry, a groundbreaking Blockchain platform ensuring transparency, traceability, and accountability in Circular Economy projects. By issuing Circularity Credits, the platform incentivizes and rewards sustainable practices. The partnership between CETS and Circularity Global is founded on a shared vision of mitigating greenhouse gas emissions and promoting sustainable development. Leveraging CETS's HiGee CO2 capture technology, every Circularity Innovation Hub will operate with minimal environmental impact throughout the waste management process - from collection and segregation to recycling and repurposing.
Every Circularity Hub will incorporate waste management solutions catering to various waste streams, including agricultural waste. Waste-to-Energy plants will be seamlessly integrated into these hubs to effectively manage these waste materials. The implementation of CET’s HiGee CO2 Capture technology guarantees the capture of any CO2 emissions produced during this process at the emission point, converting them into usable-grade products, thereby fostering environmental sustainability.
Circularity, dedicated to promoting positive transformation for the planet and local communities, has joined forces with IndusInd Bank to enhance its influence. A portion of the revenue generated from Circularity Credits, sourced from agricultural waste, will be reinvested into the farmers cultivating the fields from which the waste originates and is repurposed. Likewise, individuals engaged in collecting and repurposing plastic waste will benefit from supplementary income through this program.
Joel Michael, Founder and CEO Circularity Global, climate institute said true Circular Economy is created when waste isn't just recycled, but is repurposed for reuse and this process is carried out within a continuous loop instead of a single cycle. The value added to this by Circularity Credit needs to ensure there is genuine additionality in the entire process. We are delighted to partner with CETS who bring the expertise to ensure every Circularity Innovation Hub operates at minimal GHG emissions, thus fostering optimal green innovation".
"We are honoured to partner with Circularity Global to elevate the transition towards a sustainable future. Together, we aim to drive innovation, foster collaboration, and create an impact in waste management and environmental conservation", said Nitin Sarna, Co-Founder from CETS.