Circular economy
What is the circular economy?
A circular economy is an approach to production and consumption that aims to minimize waste and get the most value from our resources. It's quite different from our traditional "take-make-dispose" approach where we extract resources, make products, use them, and throw them away.
In a circular economy, we design products and systems to eliminate waste and pollution from the start. We keep products and materials in use for as long as possible through reuse, repair, upcycling, and recycling. And we focus on regenerating natural systems rather than depleting them.
The idea is to create a closed loop where very little is wasted because one process's byproducts become inputs for another process. It's similar to how nature works, where nothing is truly "waste" - everything becomes food for something else in the system.