Circular Economy

• A circular economy is a way of producing and consuming goods and services that minimizes waste and pollution, and maximizes the
reuse and recycling of materials. It is an alternative to a linear economy, which is based on extracting resources, making products, using
them, and then disposing of them.
A circular economy aims to reduce the environmental impact of human activities and create a more sustainable and resilient system 123.
• Some of the benefits of a circular economy are:
• It can save natural resources and energy, and reduce greenhouse gas emissions.
• It can create new business opportunities and jobs, and increase innovation and competitiveness.
• It can improve the quality of life and well-being of people and communities.
• It can protect biodiversity and ecosystems, and restore natural capital.
• Some of the principles of a circular economy are:
• Eliminate waste and pollution by designing products and processes that prevent or minimize them.
• Keep products and materials in use by repairing, refurbishing, remanufacturing, or repurposing them.
• Regenerate natural systems by restoring, enhancing, or mimicking them.
• A circular economy requires collaboration and coordination among different actors, such as governments, businesses, consumers,
researchers, and civil society.
It also requires a shift in mindset and behavior, from owning to sharing, from consuming to caring, from linear to circular