The function of Circular Economy for a more Sustainable world
See here an inspiring example from Finland:
‘October 2018: The Finnish Environment Institute released a report on the concept of circular economy as a background contribution to the Global Sustainable Development Report (GSDR) 2019. The authors note that in Europe alone, a circular economy could create “direct primary resource benefits” worth €600 billion by 2030.
The report titled, ‘Circular Economy for Sustainable Development,’ outlines various benefits of a circular economy, including: minimizing pollution, climate emissions, waste and the use of raw material; preserving natural systems; increasing competitiveness and creating new markets; and providing employment opportunities and social benefits. It states that circular economy is much more than waste management, and also requires policy instruments that focus on upstream phases such as product design and service development. It notes that the transition from the linear, “take-make-dispose” economic model to a more circular economic system will require fundamental changes in technologies, markets, user practices and institutions’.
