Circular Economy
The circular economy is an economic model focused on reducing waste and optimizing resource utilization.
The circular economy is an economic model designed to minimise waste and enhance resource efficiency. It emphasises a closed-loop system in which materials, products, and resources are reused, repaired, refurbished, recycled, or repurposed.
This reduces the need for new raw materials, conserves natural resources, lowers energy use, and reduces greenhouse gas emissions.
The circular economy decreases waste and maximises resource value.