# NYU Stern CSB Joins in the Launch of New York's Circular City Initiative

Center for Sustainable Business

October 1, 2020 ![green city](/sites/default/files/styles/246w/public/assets/images/Screen%20Shot%202020-10-27%20at%201.59.29%20PM.png?itok=qaRrfzhP) With cities responsible for 78% of the world's energy consumption, they lay at the heart of transitioning economies from linear to circular models.

NYU Stern Center for Sustainable Business joins in the launch of the [New York Circular City Initiative](https://www.circularnyc.org/?utm_source=o-tw&utm_medium=sc&utm_campaign=2020Sep-nycc), which intends to create a city where there is no waste sent to landfills, decreased environmental pollution, and quality jobs created to sustain greener practices across sectors.

Excerpt: "Shifting from a linear to a circular economic model requires obsolescence to be designed out of goods and the traditional producer/consumer relationship to be replaced by one of service provision and use. While this is a significant undertaking, the size of the prize is enormous."

Read the full report [here](http://www.circularnyc.org/?utm_source=o-tw&utm_medium=sc&utm_campaign=2020Sep-nycc).