Circular Economy

A circular economy (also referred to as circularity or CE)[1] is a model of resource production and consumption in any economy that involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products for as long as possible.[2][3][4] The concept aims to tackle global challenges such as climate change, biodiversity loss, waste, and pollution by emphasizing the design-based implementation of the three base principles of the model. The main three principles required for the transformation to a circular economy are: designing out waste and pollution, keeping products and materials in use, and regenerating natural systems.[5] CE is defined in contradistinction to the traditional linear economy. https://en.wikipedia.org/wiki/Circular_economy