Circular economy

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.
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