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To develop East Gippsland’s circular economy, there is then a need to support and foster initiatives to reduce waste, redesign products and production methods and increase the use of recycled products.
Many leading economists, like Ross Garnaut, see the transition to a net-zero economy as a massive opportunity for regional Australia, creating an array of economic opportunities for new products, processes and industries. Agriculture, as but one example, will have opportunities to transition to more resilient food production systems that are innovative, diverse, risk-managed and climate-ready. Places and businesses that act first can take advantage of being an early mover. |