“13) The basic interest rate is one of the main barriers To develop circular economics projects in the industry.
According to Almeida, the high interest rate makes credit access, especially for small and medium enterprises, which limit investments in new technologies, processes and circular business models.
“Recent research conducted by CNI, with the support of FIESP, revealed that the main barriers for the industry are economic. The high interest rate makes access to credit, this limits investments in technologies, new processes, and circular business models. We also face technological barriers. Many solutions are still expensive and there is a lack of professional trained professionals to implement them.
According to the Vice President of CNI, the overcoming of these barriers requires coordinated measures between governments, the productive sector, the financial system and international cooperation
The data was made during the World Ring Economy Forum (WCEF).
The forum is an initiative for the Finnish innovation fund and is organized in conjunction with FieSP, CNI, Apexbrasil and SENAI.
In the ninth version, the forum will address the relevant circular economics topics for Latin America and the world. This event will be held on Tuesday (13) and Wednesday (14), in the Parabura Park, Sao Paulo.
WCEF 2025 will bring together the main global experts to discuss the urgent need to adopt a new economic model and will provide the productive sector the opportunity to share business solutions and strategies for this vital transition, which enhances cooperation beyond borders.
