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However, we would have lost part of the ‘circular aspect’,” the architect of the project underlines. In fact, the market has created jobs and helped reactivate the local economy.
The circular economy is usually reduced to the 3Rs -Reduce-Reuse-Recycle, the concept is much more complex, presenting multiple ramifications that involve paradigm shifts in how urban environments ...
Getty Images According to a 2021 Circularity Gap Report, the world economy is only 8.6% circular. Four years ago, in 2018, that number was higher, at 9.1%.
Simply put, a circular economy is one that is restorative and regenerative by design and that aims to keep products, components and materials at their highest utility and value at all times, ...
Circular economy as a part of a sustainable business model has been adopted in Japan and Germany as early as in the 1990’s and in China since 2002, as a part of official state policies.
Brazil should do so too. The COP30 presidency could organise a first-ever circular economy theme day during the negotiations, as well as a high-level roundtable discussion on circularity.
As vibrant colours continue to illuminate various sectors of the global economy, another quiet yet powerful transformation is currently underway — the rise of the circular economy. Anchored on ...
But while the circular economy has been mentioned more and more, it is entirely failing to manifest thus far. According to the Circle Economy Foundation, "the share of secondary materials consumed by ...
A circular economy addresses this, according to the report, by making products durable, reusable and recyclable. Shampoo containers sold by the U.K.-based company Splosh, for example, can be reused 20 ...