Circular Economy

Around the world, governments and businesses are adopting policies to accelerate the transition to a circular economy. The case for a transition to a circular economy is strong:  Resource extraction and processing are responsible for more than 90% of global biodiversity loss and more than half of all greenhouse gas emissions. Climate change, biodiversity loss, resource scarcity and a growing world population require that we find new ways of production and consumption, taking into account the ecological boundaries of our planet. The circular economy offers a powerful framework for this.

The concept of a circular economy emphasizes reducing waste, reusing resources, and recycling materials to minimize environmental impact. It involves designing products with durability, reusability and recyclability in mind, promoting resource efficiency, and minimizing the generation of waste. This approach can contribute to both environmental and economic goals by creating new business opportunities, reducing resource depletion, and minimizing pollution.