What s Circular Economy
Manufacture, use and disposal? No, reduce, reuse and recycle. The present paradigm of lineal economic mannequin could possibly be coming to an end and its place will be taken by the circular economy.
Reusing elements would be a reduction for nature
The present mannequin of production and administration of resources, goods and companies that seeks to promote brief-term consumption is leading the planet to an unsustainable situtation. The nowadays financial system is the opposite of the life cycle of nature and collides with sustainable development, centered on the long term. In nature there is no waste or landfill: all components play a role repeatedly and are reused in numerous stages.
What's the circular financial system?
Taking as an example the cyclical nature sample, circular economy is offered as a system of resources utilization where reduction, reuse and recycling of components prevails: reduce production to a bare minimum, and when it is necessary to make use of the product, go for the reuse of the weather that may not return to the environment.
That's, the circular financial system promotes the use of as many biodegradable supplies as possible in the manufacture of products -biological vitamins- so they can get back to nature without inflicting environmental damage on the finish of their helpful life. When it's not doable to make use of eco-pleasant supplies -technical nutrients: electronics, hardware, batteries... - the intention is to facilitate a simple uncoupling to give them a new life by reintroducing them into the production cycle and compose a new piece. When this just isn't possible, will probably be recycled in a respectful way with the environment.
Good for users... and companies
The circular financial system: what is it?
Not like other economic fashions the place the economic facet prevails over the social or environmental, circular economy is a substantial improvement common to both companies and consumers. Firms that have applied this system are proving that reusing resources is way more cost efficient than creating them from scratch. Consequently, production costs are reduced, so that the sale price is also lowered, thereby benefiting the consumer; not only economically, but additionally in social and environmental aspects.
Circular economic system rules
There are ten ideas that define how circular economy should work:
Waste becomes a resource: is the principle feature. All the biodegradable materials returns to the nature and the not biodegradable is reused.
Second use: reintroduce in the financial circuit these products that not correspond to the initial shoppers needs.
Reuse: reuse sure products or elements of those products that still work to elaborate new artifacts.
Reparation: find damage products a second life.
Recycle: make use of materials based in waste.
Valorization: harness energy from waste that can’t be recycled.
Functionality financial system: circular financial system aims to eliminate the sale of products in lots of cases to ascertain a system of rental property. When the product completes its major operate returns to the company, where it's dismantled for reusing the legitimate parts.
Energy from renewable sources: elimination of fossil fuels to produce the product, reuse and recycle.
Eco-design: considers and integrates in its conception the environmental impacts throughout the life cycle of a product.
Industrial and territorial ecology: establishment of an industrial organizational method in a territory characterised by an optimized management of stocks and flows of materials, energy and services.
