Green Procurement

Circular economy refers to an economic system aimed at eliminating waste and the continual use of resources, which mainly involves make, use & reuse and recycle of products to form a closed-loop system for resources. Green procurement could contribute to circular economy through purchasing green products and services, particularly with higher recycled content and improved recyclability, which helps to drive up the market scale and facilitate circulation of resources in the closed-loop system.

In line with the global trend, instead of submitting to linear economy, Hong Kong is aspiring to create a circular economy whereby resources could become restorative and regenerative for beneficial uses to promote smart use of resources and to minimise waste.