What is a circular economy?
Imagine a world where everything we use, from smartphones to clothing, is either reused, recycled, or designed to last much longer than it does today. That’s the heart of the circular economy. It’s a bold move away from the usual buy-use-throw-away pattern, which is pretty much a straight line from the factory to the landfill. The circular economy wants to bend that line into a circle where waste is just a word in history books.
Why do we need to think circular?
Here’s the crux of the matter: our planet’s resources aren’t unlimited. Every item thrown away is a double loss – for the environment and for the economy. Adopting circular practices means not just preventing waste but also turning what used to be "waste" into something valuable again. This approach doesn’t just save costs; it also opens new doors for generating revenue, from selling recycled materials to offering new, eco-friendly products and services.
