Circular economy: The circular economy is a

The circular economy is a transformative approach to economic development that aims to redefine growth by focusing on positive society-wide benefits. Here we’ll explain the core details of this concept: what does the term Circular Economy mean, what are the working principles, the benefits, and finally the challenges to this approach. 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] Circular economy is defined in contradistinction to the traditional linear economy. [6][7] Circular economy or circularity is a system designed to minimise waste and maximise resource efficiency. This is achieved through its three core principles: eliminating waste entirely, circulating products and materials in a closed loop, and supporting regeneration. This means products are kept in continuous circulation and are reused and repaired which reduces the need to extract new resources. This in contrast to linear economy , which is the current model followed around the world, which ... The circular economy cuts waste, lowers CO2 emissions and uses less of the world’s finite resources, say experts. The world is becoming less and less circular - but these solutions can make progress.