The Circular Economy
A circular economy constantly works toward the reduction of environmental impacts relating to consumption and production, while promoting sustainable economic growth due to a more productive use of natural resources.
The circular economy allows economies to minimise the generation of waste using good, innovative designs and an infrastructure to effectively recover materials that can be reused.
Circular economies promote sustainable business models that involve intense and efficient resource use, such as sharing products between multiple users, or supplying a product as a service that includes maintenance, repair, and disposal.
Sustainable models which support the circular economy improves the value people obtain from the resources used to create goods and services. It transforms our linear economy mindset—make, take and dispose —fostering the innovation and productivity that inspires both new and existing businesses, delivering more jobs and more growth in sustainable circular economies.