Series: ADB Data Room: Circular Economy Circular Economy in the Construction Industry (Circular Economy Webinar Series Session 26) 20 March 2024 In the seminar, the potential of circular economy (CE) in the construction industry, known for its significant environmental footprint, was discussed. It focused on the stakeholders’ perception of costs and benefits. A machine learning model analyzed data from 382 participants from Norway, Latvia, Kazakhstan, UAE, Pakistan, Turkey, Spain, and other countries which were collected using an online survey in 2023. The results identified cost-effective practices and provided a strategic framework for CE integration. Key findings included a focus on reuse and offsite production in Europe and material reuse optimization in non-European countries, with waste reduction as a common cost-reducing factor. The study contributed to policy development and stakeholder collaboration, emphasizing the financial, environmental, and social benefits of CE in construction. Program and Learning Materials 20 March 2024 Session / Activity Title Speaker(s) Presentation Circular Economy in the Construction Industry This presentation gives an overview of the potential of circular economy (CE) in the construction industry, known for its significant environmental… Dina Azhgaliyeva, Ferhat Karaca, Luis Braganca, Rand Askar, Aidana Tleuken Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Event Coordinator/s James Baker Stephen Peters ADB Organizer/s Climate Change, Resilience, and Environment Cluster Climate Change and Sustainable Development Department Read Also ADB Data Room: Circular Economy Topics Environment Industry and Trade