What Is A Circular Economy?
“A circular economy is based on the principles of designing out waste and pollution, keeping products and materials in use, and regenerating natural systems”. – Ellen MacArthur Foundation (2020)
Why is it Important?
Our current system is no longer working for people and the planet. When we make products, we extract limited resources from the Earth- which we then use, and eventually throw away when we no longer need them. Take-make-waste. We call this our linear economy.
Time for Change.
It’s time for our linear economy to evolve. “We must transform all the elements of the take-make-waste system: how we manage resources, how we make and use products, and what we do with the materials afterwards. Only then can we create a thriving economy that can benefit.
Principles of a New System:
- Design out waste & pollution
- Keep products & materials in use
- Regenerate natural systems