What Is A Circular Economy?

Plastic pollution and the degradation of natural ecosystems are among the greatest environmental challenges we are facing today. Massively responsible for the depletion of our planet’s resources is our current “linear” economy, which extracts, turns resources into products and then disposes of them. This cycle is also called “take-make-waste.” E.g. You buy a t-shirt, wear it for a while and then throw it away. In recent years there has been a growing, more sustainable system called “circular economy".

The Definition of Circular Economy by the Ellen MacArthur Foundation

"A circular economy is based on the principles of designing out waste and pollution, keeping products and materials in use, and regenerating natural systems."

"A circular economy reveals and designs out the negative impacts of economic activity that cause damage to human health and natural systems. This includes the release of greenhouse gases and hazardous substances, the pollution of air, land, and water, as well as structural waste such as traffic congestion."

For more information please visit the Ellen MacArthur Foundation website.

Circular economy is restorative and regenerative by design. The entire system is reimagined from start to finish: how resources are managed, minimizing waste, preventing resources and energy from being spent and maximizing economic, environmental and social impacts.