What is this?
The circular economy is a generic term for an industrial economy that is producing no waste and pollution, by design or intention, and in which material flows are of two types, biological nutrients, designed to reenter the biosphere safely, and technical nutrients, which are designed to circulate at high quality in the production system without entering the biosphere.
It is sometimes explained as closing the loop of the product lifecyle. For me it represents a plan to change how the world designs, merchandises, and disposes of a product. It changes every aspect of the product lifecycle. I would like to spend more time researching the concept of the circular economy and plan on sharing as much information on the subject that I can find. I would like to start off by sharing a video from the Ellen MacArther Foundation that is leading the way for promoting the new economic paradigm.
Be prepared! It is a whole new way of looking at how our world works today and how it could improve!
Click her to watch the video.