Professional Documents
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GROUP MEMBERS :
ARNAV AGARWAL
HANSIKA GOYAL
SAMEERA CHAWLA
VASUDHA SINGH
EFFORTS IN OUR WORK
ACTIVITIES MEMBER
LINEAR Hansika
ECONOMY Goyal
CIRCULAR Arnav
ECONOMY Agarwal
ADVANTAGES OF Sameera
CIRCULAR ECONOMY Chawla
NEW PLASTIC Vasudha
ECONOMY Singh
LINEAR A linear
economy traditionally
follows the “take-make-
CIRCULAR ECONOMY
A circular economy is fundamentally
different from a linear economy.
To put it simply, in a linear economy we
mine raw materials that we process into a
product that is thrown away after use.
In a circular economy, we close the cycles
of all these raw materials.
Closing these cycles requires much more
than just recycling.
It changes the way in which :
- value is created and preserved.
- how production is made more
sustainable. - which business models are
used.
Shows
the large
reuse of
raw
materials
From new raw materials
to value
preservation
The circular system and the linear system differ from
each other in the way in which value is created or
maintained. A linear economy traditionally follows the
“take-make-dispose” step-by-step plan.
This means that raw materials are collected,
then transformed into products that are used until they
are finally discarded as waste.
Value is created in this economic system by producing
and selling as many products as possible.
CIRCULAR
ECONOMY
A circular economy is an economic
system of closed loops in which raw
materials, components and
products lose their value as little as
possible, renewable energy sources
are used and systems thinking is at
the core.
Development
of the
definition
Definitions often focus on
the use of raw materials or
on system change.
Definitions that focus on
resource use often follow
the 3-R approach:
Reduce (minimum use of
raw materials)
Reuse (maximum reuse
of products and
components)
Recycle (high quality
reuse of raw materials)
Elements of
circular
economy
Definitions that focus
on system change
often emphasize
three elements,
which are further
explained below:
Closed cycles
Renewable energy
Systems thinking
How is a circular
economy
different from a
linear economy?
A circular economy is
fundamentally different from a
linear economy. To put it simply,
in a linear economy we mine
raw materials that we process
into a product that is thrown
away after use. In a circular
economy, we close the cycles of
all these raw materials. Closing
these cycles requires much
more than just recycling. It
changes the way in which value
is created and preserved, how
production is made more
sustainable and which business
models are used. These aspects
are explained in more detail
below.
How do materials
circulate in a
circular
economy?
In a circular economy,
materials circulate in
two separate cycles:
the bio-cycle and the
techno-cycle. The
distinction between
these cycles helps to
understand how
materials can be used
in a long-lasting and
high quality way. A
general rule of thumb
is that the less process
steps a material has to
go through for reuse,
the higher the quality
of the material it can
contain.
How does
circularity
relate to
sustainability?
Circularity contributes to a
more sustainable world, but
not all sustainability
initiatives contribute to
circularity. Circularity
focuses on resource cycles,
while sustainability is more
broadly related to people,
the planet and the economy.
Circularity and sustainability
stand in a long tradition of
related visions, models and
theories. Here are some
examples. In addition, we
briefly explain how
circularity fits in with the
Sustainable Development
Goals (SDGs) of the United
Nations.
How to
measure
circularity?
Measuring circularity is
important in order to be
able to make weighted
choices between
processes, products or
companies. No
generally accepted
methodology for this
has yet emerged.
However, there are a
large number of tools,
such as scans and
databases, that assess
circularity qualitatively
or quantitatively. Below
is an overview of these
tools.
ADVANTAGES
OF
CIRCULAR
ECONOMY
ADVANTAGES OF
CIRCULAR
ECONOMY
1)Moving towards Circular Economy
could deliver benefits such as
reducing pressure on the
environment – the benefits of
Circular Economy is as follows:
SourceMaterials Locally
Condense Waste
Recover Treated Water
2)A Circular Economy emits less
greenhouse gas– The benefits of less
emission of greenhouse gas are:
RECYCLE: Recycling is a series of steps that takes a used material and processes,
remanufactures, and sells it as a new product.
( e.g. Use recycled paper for letterhead, copier paper and newsletters. )
Adntages of Three Rs :
The three R's – reduce, reuse and recycle – all help to cut down on the
amount of waste we throw away. They conserve natural resources, landfill
space and energy. Plus, the three R's save land , and money communities
must use to dispose of waste in landfills.
How can we apply 3 Rs in our daily lives?
Learn the 3 Rs – Reduce, Reuse, and Recycle
1. Reduce. Purchase products that require less packaging or to limit the
waste you are producing.
2. Reuse. Use a travel mug or reusable water bottle and avoid single-use
bags.
3. Recycle.
Now let's see a video on New plastics economy and learn about it !!!
THANKS