How Circular Economy Actually Works (and Why It Matters)
COMMENTS
What is the circular economy
The circular economy cuts waste, lowers CO2 emissions and uses less of the world's finite resources, say experts. The world is less and less circular - but these solutions can make progress.
The circular economy in detail
The circular economy in detail A circular economy is a systemic approach to economic development designed to benefit businesses, society, and the environment. In contrast to the 'take-make-waste' linear model, a circular economy is regenerative by design and aims to gradually decouple growth from the consumption of finite resources.
What is circular economy and why does it matter?
Circular economy is much more than waste management. We explain what it is and how it can help fight climate change.
What is a circular economy?
The circular economy is a system where materials never become waste and nature is regenerated. In a circular economy, products and materials are kept in circulation through processes like maintenance, reuse, refurbishment, remanufacture, recycling, and composting. The circular economy tackles climate change and other global challenges, like ...
What are the benefits of a circular economy?
Learn how a circular economy can benefit the environment, the economy and society across five key sectors: plastics, textiles, electronics, food and capital equipment. The web page provides evidence, examples and recommendations for shifting from linear to circular models.
Circular economy: A brief literature review (2015-2020)
The circular economy, design thinking and education for sustainability. It incorporates the concept of biomimetics - "an approach to innovation that seeks sustainable solutions to human challenges, emulating the patterns and strategies tested by nature's time" - to EC through a parallel with bio-geochemical cycles.
Circular economy: definition, importance and benefits
The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended. In practice, it implies reducing waste to a minimum. When a product reaches the end of its life ...
Circular Economy and Sustainability: the Past, the Present and the
The concepts of circular economy (CE) and sustainability (S) have lately gained momentum among scholars, theorists, academics, and practitioners. Although these concepts are considered necessary to solve many of the existing global environmental and social challenges (e.g., climate change, nature conservation and social equity), it seems there is no consistency relating to their content. Some ...
The Circular Economy
Research about the circular economy is dominated by engineers, architects, and social scientists in fields other than economics. The concepts they study can be useful in economic models of policies - to reduce virgin materials extraction, to encourage green design, and to make better use of products in ways that reduce waste. This essay attempts to discuss circular economy in economists ...
A Circular Economy Is About the Economy
A circular economy approach in the context of increased sector growth might be seen as a commitment to creating more recovered but pure materials from mixed plastics, for example, in the multicycle process [ 28] and other forms of chemical recycling. The key here is scale and continuity with established business.
How does the circular economy contribute to the pursuit of Agenda 2030
Abstract. The present study aims to understand the current state of knowledge on how the circular economy contributes to achieving the 2030 Agenda for S ustainable Development Goals, also ...
Full article: Re-embedding the circular economy in Circles of Social
To give a sense of the nexus of aspirational intensification and economics-ecology domain tightening, the essay begins with a dominant story that is told about development of the circular economy.
PDF The Circular Economy
This requires developing an in-depth knowledge of the concept of the circular economy, its processes and their expected effects on sectors and value chains. This paper reviews the growing literature on the circular economy with the aim of improving our understanding of the concept as well as its various dimensions and expected impacts.
Explaining the Circular Economy and How Society Can Re-think Progress
The Ellen MacArthur Foundation is a UK charity working on business, learning, insights & analysis, and communications to accelerate the transition towards the circular economy.
Circular Economy: Core Principles and Concepts Essay
This essay defines circular economy, investigates its core principles, explores its role in societal, financial, and business transformation, and its possible implications.
The Concept of Circular Economy: its Origins and its Evolution
Accordingly, the paper explores the origins of the concept of circular economy as well as its. evolution with the aim to create a common p oint of view on the concept of CE. For this purpose, the ...
Mapping the benefits of a circular economy
Is there a reliable way for industries to increase their profitability while reducing their dependence on natural resources? In recent years, McKinsey research has shown that the circular economy —using and reusing natural capital as efficiently as possible and finding value throughout the life cycles of finished products—is at least part of the answer. 1 In 2015, as part of a major study ...
Journal of Circular Economy
The Journal of Circular Economy is an interdisciplinary journal that aims to provide practical advice to businesses, policymakers, and civil society on accelerating the transition towards a more circular economy. This journal is a collective effort by leading circular economy scholars and practitioners around the world who are excited about ...
Principles for a sustainable circular economy
Circular economy has emerged as a potential solution to make better use of resources. Positioned as a technology-focused concept that can generate economic gains while alleviating pressure on the environment, circular economy enjoys a positive reception by organisations in public, private and civic sectors and, increasingly, academia alike.
Evolution of research on circular economy and related trends and topics
Highlights • Exponential rise in Circular Economy research: 12 papers in 2008 and 2300 in 2020 • Split of research in two main areas: conceptualisation and more technical issues • Electronic equipment waste and water issues, as most recurrent research topics •
Sustainability
The circular economy (CE) has emerged as a crucial paradigm in recent years, advocating for a shift from the traditional linear economic model—characterized by a take-make-dispose approach—toward a regenerative system where waste and resource use are minimized [1,2].This transition is particularly relevant in the agri-food supply chain, which faces significant sustainability challenges ...
Firms must embrace the circular economy for sustainable success
Embracing the circular economy for value innovation. Despite the lessons from the digital revolution, many companies continue to focus primarily on refining their existing products and services for their current customer base. But this approach overlooks the transformative potential of the circular economy, which, like the internet in the late ...
Circular Economy and Its Business Implementations Essay
Get a custom essay on Circular Economy and Its Business Implementations. The predicaments of global warming and climate change have encouraged environmentalists and economists to consider evidence-based models that have the potential to improve people's experiences and maintain the integrity of the natural environment.
A CEO's Guide To Circularity: Building A Sustainable ...
The circular economy is a framework that prioritizes resource efficiency, aiming to minimize waste and close the loop through the continuous use and recovery of materials.
Unlocking solid waste circularity in urban settings: Insights from
Emerging and developing urban economies experience significant waste management challenges due to increased consumption rates, and limited capacity to manage waste. However, these challenges offer opportunities for waste circularity to raise valuation and reduces the amount of solid waste in the dumpsite. This study assessed the existing solid waste management (SWM) systems along circular ...
The circular economy
"A circular economy is a need-to-have rather than a nice-to-have. Its resource and cost-saving potential is why it is expected to grow at two to four times that of global GDP by 2050." But despite economic and environmental appeal, uptake has been slow. With early success cases already emerging, Falkman thinks AI could be the game-changing ...
Circular Economy
An official journal of Tsinghua University Press. ' Circular Economy ' refers to all the activities of reduce, reuse, and recycle in production, circulation, and consumption. As an important route to achieving a resource-saving and environmental friendly society, 'Circular Economy' is becoming …. View full aims & scope.
Circular Flow of Income and Its Implications
This paper delves into the circular flow of income, offering an in-depth analysis of its role in understanding economic dynamics and wealth distribution. The circular flow of income is a fundamental concept in economics that illustrates the continuous movement of money, goods, and services between different sectors of the economy.
Opinion
Oil prices fell, and growth in Chinese oil demand slowed along with its economy. Venezuela's oil export revenues plummeted, to $22 billion in 2016 from more than $73 billion in 2011.
Kamala Harris and a New Economic Vision
Guest Essay. Kamala Harris Begins to Sketch a New Economic Vision. Aug. 25, 2024. Credit... Sebastian König. Share full article. 1199. By Jen Harris. ... finance and the rest of the economy, ...
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The circular economy cuts waste, lowers CO2 emissions and uses less of the world's finite resources, say experts. The world is less and less circular - but these solutions can make progress.
The circular economy in detail A circular economy is a systemic approach to economic development designed to benefit businesses, society, and the environment. In contrast to the 'take-make-waste' linear model, a circular economy is regenerative by design and aims to gradually decouple growth from the consumption of finite resources.
Circular economy is much more than waste management. We explain what it is and how it can help fight climate change.
The circular economy is a system where materials never become waste and nature is regenerated. In a circular economy, products and materials are kept in circulation through processes like maintenance, reuse, refurbishment, remanufacture, recycling, and composting. The circular economy tackles climate change and other global challenges, like ...
Learn how a circular economy can benefit the environment, the economy and society across five key sectors: plastics, textiles, electronics, food and capital equipment. The web page provides evidence, examples and recommendations for shifting from linear to circular models.
The circular economy, design thinking and education for sustainability. It incorporates the concept of biomimetics - "an approach to innovation that seeks sustainable solutions to human challenges, emulating the patterns and strategies tested by nature's time" - to EC through a parallel with bio-geochemical cycles.
The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended. In practice, it implies reducing waste to a minimum. When a product reaches the end of its life ...
The concepts of circular economy (CE) and sustainability (S) have lately gained momentum among scholars, theorists, academics, and practitioners. Although these concepts are considered necessary to solve many of the existing global environmental and social challenges (e.g., climate change, nature conservation and social equity), it seems there is no consistency relating to their content. Some ...
Research about the circular economy is dominated by engineers, architects, and social scientists in fields other than economics. The concepts they study can be useful in economic models of policies - to reduce virgin materials extraction, to encourage green design, and to make better use of products in ways that reduce waste. This essay attempts to discuss circular economy in economists ...
A circular economy approach in the context of increased sector growth might be seen as a commitment to creating more recovered but pure materials from mixed plastics, for example, in the multicycle process [ 28] and other forms of chemical recycling. The key here is scale and continuity with established business.
Abstract. The present study aims to understand the current state of knowledge on how the circular economy contributes to achieving the 2030 Agenda for S ustainable Development Goals, also ...
To give a sense of the nexus of aspirational intensification and economics-ecology domain tightening, the essay begins with a dominant story that is told about development of the circular economy.
This requires developing an in-depth knowledge of the concept of the circular economy, its processes and their expected effects on sectors and value chains. This paper reviews the growing literature on the circular economy with the aim of improving our understanding of the concept as well as its various dimensions and expected impacts.
The Ellen MacArthur Foundation is a UK charity working on business, learning, insights & analysis, and communications to accelerate the transition towards the circular economy.
This essay defines circular economy, investigates its core principles, explores its role in societal, financial, and business transformation, and its possible implications.
Accordingly, the paper explores the origins of the concept of circular economy as well as its. evolution with the aim to create a common p oint of view on the concept of CE. For this purpose, the ...
Is there a reliable way for industries to increase their profitability while reducing their dependence on natural resources? In recent years, McKinsey research has shown that the circular economy —using and reusing natural capital as efficiently as possible and finding value throughout the life cycles of finished products—is at least part of the answer. 1 In 2015, as part of a major study ...
The Journal of Circular Economy is an interdisciplinary journal that aims to provide practical advice to businesses, policymakers, and civil society on accelerating the transition towards a more circular economy. This journal is a collective effort by leading circular economy scholars and practitioners around the world who are excited about ...
Circular economy has emerged as a potential solution to make better use of resources. Positioned as a technology-focused concept that can generate economic gains while alleviating pressure on the environment, circular economy enjoys a positive reception by organisations in public, private and civic sectors and, increasingly, academia alike.
Highlights • Exponential rise in Circular Economy research: 12 papers in 2008 and 2300 in 2020 • Split of research in two main areas: conceptualisation and more technical issues • Electronic equipment waste and water issues, as most recurrent research topics •
The circular economy (CE) has emerged as a crucial paradigm in recent years, advocating for a shift from the traditional linear economic model—characterized by a take-make-dispose approach—toward a regenerative system where waste and resource use are minimized [1,2].This transition is particularly relevant in the agri-food supply chain, which faces significant sustainability challenges ...
Embracing the circular economy for value innovation. Despite the lessons from the digital revolution, many companies continue to focus primarily on refining their existing products and services for their current customer base. But this approach overlooks the transformative potential of the circular economy, which, like the internet in the late ...
Get a custom essay on Circular Economy and Its Business Implementations. The predicaments of global warming and climate change have encouraged environmentalists and economists to consider evidence-based models that have the potential to improve people's experiences and maintain the integrity of the natural environment.
The circular economy is a framework that prioritizes resource efficiency, aiming to minimize waste and close the loop through the continuous use and recovery of materials.
Emerging and developing urban economies experience significant waste management challenges due to increased consumption rates, and limited capacity to manage waste. However, these challenges offer opportunities for waste circularity to raise valuation and reduces the amount of solid waste in the dumpsite. This study assessed the existing solid waste management (SWM) systems along circular ...
"A circular economy is a need-to-have rather than a nice-to-have. Its resource and cost-saving potential is why it is expected to grow at two to four times that of global GDP by 2050." But despite economic and environmental appeal, uptake has been slow. With early success cases already emerging, Falkman thinks AI could be the game-changing ...
An official journal of Tsinghua University Press. ' Circular Economy ' refers to all the activities of reduce, reuse, and recycle in production, circulation, and consumption. As an important route to achieving a resource-saving and environmental friendly society, 'Circular Economy' is becoming …. View full aims & scope.
This paper delves into the circular flow of income, offering an in-depth analysis of its role in understanding economic dynamics and wealth distribution. The circular flow of income is a fundamental concept in economics that illustrates the continuous movement of money, goods, and services between different sectors of the economy.
Oil prices fell, and growth in Chinese oil demand slowed along with its economy. Venezuela's oil export revenues plummeted, to $22 billion in 2016 from more than $73 billion in 2011.
Guest Essay. Kamala Harris Begins to Sketch a New Economic Vision. Aug. 25, 2024. Credit... Sebastian König. Share full article. 1199. By Jen Harris. ... finance and the rest of the economy, ...