Adopting the Circular Economy (CE) Model as an intentional Act for Sustainability (From the Covid-19 perspective)

01 January 1970 2 10K Report

The importance of making conscious efforts towards successfully integrating and the adopting the CE model by every nation across globe cannot be over-emphasized.

From the Covid-19 perspective, the pandemic brought about several changes which affected most nations of the world particularly countries that depends solely on the importation of raw material for production. Several manufacturing companies folded up while others had to downsize their workers due to unsustainability. However, countries & firms which already adopted the CE model (reusing, remanufactiring and recycling) thrived better.

What are your thoughts about the CE model and how has the adoption of this business model contributed positively or negatively to homes, firms or countries most especially during the pandemic.

Muawya Ahmed Hussein

The Circular Economy (CE) model is able to support sustainable development and has gained attention among policy makers, scholars, and practitioners . The European Environment Agency has interpreted the CE as the core of a Green Economy perspective that extends the focus from waste and material use to human well-being and ecosystem resilience .

Jesko Schulte

Hi Busayomi,

Circular Economy is certainly a powerful model that can support a transition towards a sustainable state. However, it is important to recognize that CE is not the goal in itself. Instead, it is a means to achieve sustainability. As such, CE strategies can help moving towards sustainability, when applied in the right contexts and in the right way, but it is not always the optimal solution. For example, it is sometimes better to completely re-think a product or solution or to substitute a certain material, instead of only thriving for circularity in socio-technical systems. You may want to look at the Framework for Strategic Sustainable Development (FSSD), see link below, which highlights the importance of a long-term strategic perspective based on backcasting from basic principles for sustainability. The use of CE strategies can then be guided to make sure that they are applied in a way that really contributes to sustainable development.

Here is the link to one central paper:

Article A Framework for Strategic Sustainable Development

Hope that is helpful.

Take care.

Jesko

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