Exploring Green Chemistry,Sustainable Chemistry and innovative business models such as Chemical Leasing in the context of international policy discussions

This article provides an overview on Green Chemistry and Sustainable Chemistry in the context of the 2030 Agenda for Sustainable Development and different policy frameworks such as the EU Circular Economy Action Plan and SAICM, the Strategic Approach of International Chemicals Management. There is an increasing body of evidence suggesting the practicality and applicability of Green Chemistry and Sustainable Chemistry within industrial development policies and international agreements addressing chemicals and waste concerns. To explore the full potential of Green Chemistry and Sustainable Chemistry, the authors come to the conclusion that innovative business models are required to facilitate the engagement of the different players, including industry. While presenting the United Nations Industrial Development Organization (UNIDO)’s experiences and lessons learnt from ten years of work in UNIDO's Global Chemical Leasing Programme, the article also highlights the role that innovative and circular economy business models could play in achieving inclusive and sustainable economic growth. It therefore explores the potential of integrated Chemical Leasing, Green Chemistry and Sustainable Chemistry initiatives at the global level.