The circular economy, also called circularity, is a model of production and consumption that involves sharing, leasing, reusing, repairing, refurbishing and recycling materials and products in order to extend their useful life for as long as possible. It is built on three principles: designing out waste and pollution, keeping products and materials in use, and regenerating natural systems. The approach is meant to replace the traditional linear economy, in which resources are extracted, made into products and then discarded in a take, make, waste pattern, with a closed loop system that reuses, shares, repairs, refurbishes, remanufactures and recycles materials so as to reduce the resources drawn in and the waste, pollution and carbon emissions produced. In practice, businesses apply circular economy thinking through strategies such as offering a product as a service, running sharing platforms, and designing products to last longer, and research cited in the article suggests that a full global shift to circular practices could cut emissions by an amount equivalent to close to forty percent of what was produced worldwide in 2019. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
Facts
Core MechanismThe circular economy operates by keeping materials and products in use through sharing, leasing, reuse, repair, refurbishment and recycling, so that resource loops are closed and the extraction of new virgin material and the generation of waste are minimized, in contrast with a linear take-make-dispose model. 1 Connections
Associated With
Source Wikipedia, Circular Economy
Source Wikipedia, Circular Economy
Source Wikipedia, Circular Economy
Source Wikipedia, Circular Economy
Source Wikipedia, Circular Economy
Sources
1. Wikipedia, Circular Economy
Lead section
Circular economy (CE), or circularity, is a model of resource production and consumption that involves sharing, leasing, reusing, repairing, refurbishing, and recycling materials and products, to extend product life cycle for as long as possible.
Lead paragraph, definition of circularity
Circular economy (CE), or circularity, is a model of resource production and consumption that involves sharing, leasing, reusing, repairing, refurbishing, and recycling materials and products, to extend product life cycle for as long as possible.
Associated With: Cement Industry, Wikipedia lead; target 405259
By implementing circular economy strategies in five sectors alone: cement, aluminum, steel, plastics, and food, 9.3 billion metric tons of CO2 equivalent (equal to all current emissions from transportation) can be reduced.
Associated With: Aluminum Industry, Wikipedia lead; target 335571
By implementing circular economy strategies in five sectors alone: cement, aluminum, steel, plastics, and food, 9.3 billion metric tons of CO2 equivalent (equal to all current emissions from transportation) can be reduced.
Associated With: Steel Industry, Wikipedia lead; target 266040
By implementing circular economy strategies in five sectors alone: cement, aluminum, steel, plastics, and food, 9.3 billion metric tons of CO2 equivalent (equal to all current emissions from transportation) can be reduced.
Associated With: Plastics Industry, Wikipedia lead; target 335312
By implementing circular economy strategies in five sectors alone: cement, aluminum, steel, plastics, and food, 9.3 billion metric tons of CO2 equivalent (equal to all current emissions from transportation) can be reduced.
Associated With: Recycling Industry, Wikipedia lead; target 335581
Circular economy (CE), or circularity, is a model of resource production and consumption that involves sharing, leasing, reusing, repairing, refurbishing, and recycling materials and products, to extend product life cycle for as long as possible.
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