What is a circular economy?
We know we can’t continue to live like this, however. We can’t keep throwing waste into landfill, we must look for opportunities to either keep the material and products in use for longer, or create these products from materials that have prolonged shelf lives. A circular economy is a continuous cycle of processes that sees material “stay in use for as long as possible, extract the maximum value from them whilst in use, then recover and regenerate products and materials at the end of each service life.”*
Why do we want a circular economy?
A circular economy will reduce waste, improve productivity, reduce environmental impacts and increase opportunities for growth and diversification, as well as focus on society-wide benefits. The aim of a circular economy is to design out waste and pollution and regenerate natural systems.