The climate emergency and the intrinsic link between resources and energy in the circular economy escalated in 2022 because of geopolitical chaos. Russia’s invasion of Ukraine fueled a rapid increase in energy prices and supply chain disruptions, which has led to collaboration across key industry verticals to develop innovative technologies and services backed by strong business models and driven by digital transformation to increase resource recovery and efficiently recycle materials and resources. The Waste2Resource Recycling Program identifies growth opportunities that drive the transformative shift from a linear to a circular economy, focusing on resource recovery and recycling opportunities in municipal waste, commercial and industrial waste, construction and demolition waste, hazardous and infectious waste, waste electrical and electronic equipment (WEEE), electric vehicle batteries, landfill gas, and waste-to-energy plants. In this 2023 Outlook deliverable, Frost & Sullivan has identified the top 10 growth opportunities in the waste recycling and circular economy industry in 2023.