The circular economy is a system where materials never become waste and nature is regenerated. In a circular economy, products and materials are kept in circulation through processes like maintenance, reuse, refurbishment, remanufacture, recycling, and composting. The circular economy tackles climate change and other global challenges, like biodiversity loss, waste, and pollution, by decoupling economic activity from the consumption of finite resources.
The circular economy is based on three principles, driven by design: Eliminate waste and pollution Circulate products and materials (at their highest value) Regenerate nature
Underpinned by a transition to renewable energy and materials, the circular economy is a resilient system that is good for business, people, and the environment.
Conlusion: the circular economy concept Rasoul Keshmiri-Naqab remains within the dominant paradigm of linear economics, i.e. it affirms the current linear economic accounting model by sustainability options.
Stephen: The circular economy is an alternative to the traditional linear economies you mentioned (where we take resources, make things, consume them, and throw them away).
Emmanuel Ntui In a circular economy, nothing is thrown away and solid waste is used in other industries. Ultimately, this cycle is called circular economy.
The concept of a circular economy is an economic system that aims to minimize waste and make the most of resources. In a traditional linear economy, products are made, used, and then discarded as waste. In contrast, a circular economy is designed to keep products, materials, and resources in use for as long as possible, extracting the maximum value from them.