Unleashing the power of the circular economy
We now live in the anthropocene. This means we live in a time where human dominates and influences the environment. The growing number of people puts a large strain on our resources. The consequences of living in a linear economy, where resources are dumped at the end of the value chain (make, use, dispose) are a reduced growth of the economy as resources are finite, and a lot of pollution. A solution for this is the circular economy. It is meant to keep resources in use for as long as possible, extract the maximum value from them whilst in use, then recover and regenerate products and materials at the end of each service life.
This report discusses the need for a circular economy, and which steps can be taken to reach one. It takes small steps, including governments, businesses and customers, but it can be done each small step at the time. On page 5, and overview is given of the several steps needed to reach a circular economy. On page 15, an overview of a circular economy is given. This can be applied by large firms, on a large scale, but also on a very small scale.
If you want to know more about the Circular economy, we recommend this TedX talk: by Ken Webster of the MacArthur Foundation