About circular economy
- It is an economic system aimed at eliminating waste and the continual use of resources.
- It employs reuse, sharing, repairing, refurbishment, remanufacturing and recycling to create a closed-loop system minimising the use of resource inputs and the creation of waste, pollution and carbon emissions.
- In a circular economy, products, materials, equipment and infrastructure are kept in use for longer, thus improving productivity.