The Circular Economy: Why It Can No Longer Be Postponed
Posted: Tue Jan 07, 2025 9:04 am
The circular economy is a systemic approach to economic development designed with the primary purpose of safeguarding the environment , creating well-being for society and providing opportunities for sustainable growth for business . In contrast to the linear “extract-transform-consume-waste” model, a circular economy is designed to regenerate itself and aims to gradually separate growth from the consumption of limited resources.
As we will see, a rental circular economy , which privileges a particular form morocco whatsapp resource of the so-called sharing economy , focuses on another no less crucial step, the one that shifts the perspective of companies and institutions from the product to the service . This is a real paradigm shift that has undergone a notable acceleration following the mass adoption of digital technologies .
The circular economy also aims to redesign the waste cycle and in doing so introduces a rigorous differentiation between consumer components and durable components of a product . Through the rental business model, the circular economy contributes to actualizing an equally significant transformation: it replaces the concept of consumer with that of user .
More than 7.5 billion people live on Earth today . In 2050 , there will be almost 10 billion of us , competing for the consumption of resources (which would not be enough even if we had three more planets to exploit). Every year, the world economy consumes almost 93 billion tons of raw materials including minerals, fossil fuels, metals and biomass. Of these, only 9% are reused. In the European Union alone, 2.5 billion tons of waste are produced every year .
As we will see, a rental circular economy , which privileges a particular form morocco whatsapp resource of the so-called sharing economy , focuses on another no less crucial step, the one that shifts the perspective of companies and institutions from the product to the service . This is a real paradigm shift that has undergone a notable acceleration following the mass adoption of digital technologies .
The circular economy also aims to redesign the waste cycle and in doing so introduces a rigorous differentiation between consumer components and durable components of a product . Through the rental business model, the circular economy contributes to actualizing an equally significant transformation: it replaces the concept of consumer with that of user .
More than 7.5 billion people live on Earth today . In 2050 , there will be almost 10 billion of us , competing for the consumption of resources (which would not be enough even if we had three more planets to exploit). Every year, the world economy consumes almost 93 billion tons of raw materials including minerals, fossil fuels, metals and biomass. Of these, only 9% are reused. In the European Union alone, 2.5 billion tons of waste are produced every year .