Circular Economy

A circular economy (often called “circularity”)is an economic system aimed at the reuse of resource and eliminating waste. The system include recycling, reuse, remanufacturing and refurbishment to create a closed system and minimising the use of virgin resources and creation of waste. Some of the relevant theoretical influences are cradle to cradle, looped economy, industrial ecology and biomimicry. The opposite is the linear economy, which consists of “take, make and dispose”.

‹ Back to Dictionary