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Circular Economy

The document discusses the concept of a circular economy, which aims to minimize waste and environmental impact through strategies like recycling, reusing, and remanufacturing. Unlike the traditional linear take-make-dispose model, a circular economy keeps resources in use for as long as possible. It emphasizes closed-loop systems and reducing the need for raw materials. Embracing circular practices can benefit both businesses and the environment by conserving resources and fostering economic growth while addressing sustainability challenges. Examples provided include textile recycling, battery reuse, food redistribution, and e-waste recycling programs.

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22 views5 pages

Circular Economy

The document discusses the concept of a circular economy, which aims to minimize waste and environmental impact through strategies like recycling, reusing, and remanufacturing. Unlike the traditional linear take-make-dispose model, a circular economy keeps resources in use for as long as possible. It emphasizes closed-loop systems and reducing the need for raw materials. Embracing circular practices can benefit both businesses and the environment by conserving resources and fostering economic growth while addressing sustainability challenges. Examples provided include textile recycling, battery reuse, food redistribution, and e-waste recycling programs.

Uploaded by

201B367
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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• A Sustainable Approach

BY:- ANIKET SHARMA


• A circular economy is an innovative and
sustainable economic model that prioritizes the
efficient use of resources and minimizes waste and
environmental impact. Unlike the traditional linear
"take-make-dispose" approach, a circular economy
promotes the continuous circulation of products,
materials, and resources in closed loops. It
emphasizes strategies like recycling, reusing,
refurbishing, and remanufacturing, reducing the
need for raw materials and decreasing the
environmental burden. This transformative concept
aims to create a regenerative and more resilient
economy, benefiting both the environment and
businesses by conserving resources, reducing
emissions, and fostering long-term economic
growth while addressing pressing global
sustainability challenges
Reduce Reuse Recycle Design Design
Reduce: Reuse: Extend Recycle: Product Design for
Minimize the lifespan of Recover Lifecycle Sustainability:
resource use products and materials from Extension: Develop
and waste components discarded Design products with
generation through repair, products to products for recyclability
through refurbishment, create new durability, easy and
efficiency or resale. ones, reducing maintenance, environmental
improvements the demand for and impact in mind
and smart virgin upgradeability. from the start
design. resources.
• Textile Recycling: Companies like Patagonia promote circularity by encouraging
customers to repair and recycle clothing. This extends product lifecycles, reduces textile
waste, and conserves resources.
• Battery Reuse: Tesla's battery recycling program and initiatives to reuse electric vehicle
components demonstrate circular principles. These practices reduce electronic waste,
conserve valuable materials, and lower production costs.
• Food Redistribution: Imperfect Produce and similar initiatives tackle food waste by
redistributing "ugly" but perfectly edible produce. This reduces landfill waste, decreases
greenhouse gas emissions, and addresses food insecurity.
• E-waste Recycling: Tech giants like Apple recover materials from old devices to create
new ones. This minimizes the need for mining raw materials, reduces electronic waste, and
limits environmental harm.
• Urban Development: Cities like Amsterdam employ circular economy strategies by
repurposing buildings, recycling materials, and using rainwater for sustainable urban
development. These efforts reduce resource consumption, lower waste generation, and
promote environmental sustainability.
• Impact: Circular economy practices contribute to:
• Resource Conservation: Lowering the demand for virgin resources.
• Waste Reduction: Decreasing landfill waste and associated pollution.
• Economic Growth: Creating jobs and fostering economic resilience.
• Environmental Sustainability: Promoting a more sustainable and resilient future for our
planet.
To embrace a circular Consumer Awareness: Product Design: Design Waste Reduction: Policy Support: Advocate Collaboration: Foster
economy, individuals, Educate yourself about and produce goods with Implement recycling and for and implement policies collaboration between
businesses, and circular practices and circularity in mind, reuse programs and that incentivize circular industries, governments,
governments must take make sustainable choices prioritizing durability, minimize waste practices, such as and communities to
concerted action: when purchasing repairability, and generation in daily extended producer develop and scale circular
products. recyclability. operations. responsibility and tax solutions.
incentives.

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