Figure 2 . A Comprehensive and Inclusive Vision for Hume ’ s CE
Connectivity to Neighbouring Councils
Materials Marketplace
Interconnected Recycling Businesses
Advanced Materials Repurposing
Entrepreneur and Maker Spaces
Events Hub
Circular Advantage Capacity Building
Social Impact Businesses
Community CE Spaces
Multiversity Support for CE
Retail Spaces
Virtual One-Stop- Shop for CE
CE Innovation Hub CE Community Education Hub
Source : KPMG Australia ( reprinted with permission )
innovators to participate in the CE . Hume ’ s vision of a circular city also earmarks opportunities for social impact businesses and seeks to engage educational institutions ( Hume Multiversity Program ) 6 in supporting innovation hubs , which connect research capabilities to business needs . With materials managed , entrepreneurs supported and R & D infrastructure in place , Hume ’ s vision of a comprehensive , inclusive CE network is made complete through the development of retail spaces , community spaces , community education hubs and support services delivered through virtual one-stop shops .
Defining core elements of Hume ’ s circular city project was useful in helping business leaders that were participating in the scenario modelling process to understand the level of ambition that Hume City Council had for the city . The graphic presentation of the activities associated with a comprehensive circular city model also provided KPMG modellers with the guidance needed to create storylines and progressive scenarios to achieve this vision .
Three possible futures were developed :
i ) a “ New Waste Strategy ” scenario that reflected current policy intent ,
ii ) a “ Recycling City ” scenario where the “ New Waste Strategy ” was complemented by a portfolio of policies designed to radically escalate materials recovery and value-added materials reprocessing ; and
iii ) A “ Circular City ” scenario which included all the economic activities included in Figure 2 .
Next , storylines for each scenario were created by KPMG and vetted by the CE workgroup to communicate anticipated developments across a series of influential economic areas including policy design , waste management , business uptake of CE strategy , energy use , community engagement , land use , transport , education , new business entrants , jobs growth and supporting infrastructure . The storyline narratives enabled stakeholders to qualitatively picture how key areas would be economically impacted under each scenario . 7
Communicating system dynamics through storylines played a critical role in guiding the expert panels to refine quantitative economic projections . First , KPMG modellers presented a series of economic growth assumptions to Hume ’ s CE working group and asked the working group to refine the projections based on the storylines .
Next , the storylines and refined economic growth assumptions were introduced in a workshop to business leaders from the manufacturing sector for further refinement . The workshop commenced by introducing general principles of CE design and inviting participants to estimate what the application of these principles might mean to their respective businesses in terms of revenue , profit and jobs growth . Once the workshop participants were familiar with applying CE principles to their own businesses , they were asked to speculate on what widespread adoption across Hume might mean for all industry sectors in terms
ECONOMIC DEVELOPMENT JOURNAL VOL 14 NO 2 2021 09