Circularity – The Circular Economy

Go Circular – The circular economy is an economic model that aims to eliminate waste and promote the sustainable use of resources. In a circular economy, products and materials are reused, repaired, or recycled rather than being discarded after a single use.

Where do you fit in the Circular “Economy” Community? 

Raw Materials
Design
Production
Distribution
Cunsumption
Collection
Recycling
Landfill

Here are a few reasons why someone should care about the circular economy:

1. Environmental sustainability: The circular economy can help reduce the environmental impact of industrial production and consumption. By reusing and recycling materials, we can reduce the need to extract raw materials from the earth, reduce energy consumption, and minimize the amount of waste that ends up in landfills.

2. Economic benefits: Adopting a circular economy model can create new economic opportunities, such as the development of new business models and the creation of new jobs in industries related to repair, remanufacturing, and recycling. By reducing waste and increasing resource efficiency, companies can also save money on raw materials and energy.

3. Social benefits: The circular economy can also have positive social impacts, such as improving the working conditions of people involved in the production and recycling of goods. It can also promote greater equity in access to resources, as resources are shared and used more efficiently.

4. Resource security: As the world’s population continues to grow, the demand for resources such as water, energy, and raw materials will increase. The circular economy can help us manage these resources more sustainably by reducing waste and promoting the efficient use of resources.

Overall, adopting a circular economy model can help us create
a more sustainable, resilient, and equitable future.