Circular economy, new ways of producing to guarantee resources
The transition to a circular economy, which requires a common effort among different sectors of society, is important to ensure that there is sufficient food, water, and other vital resources.
The linear economy operates on the premise of "extracting-using-disposing" resources, and the circular economy seeks to design products so that they are reused as much as possible.
It is necessary to move from linear production schemes to circular development models that allow production and consumption chains based on the optimization of use.
The transition to a circular economy must be an effort by all, governments, companies and the population; and its link with climate change is clear since it pays both for adaptation (risk prevention) and mitigation (reduction of greenhouse gases through energy and material efficiency).
The circular economy offers information and tools to achieve the goals of the Paris Agreement and the Sustainable Development Goals, so the circular economy and industrial symbiosis approaches can support the development of new opportunities. The search for and promotion of synergies and cooperation between different industries is therefore essential.
While the linear economy operates on the premise of extracting-using-disposing resources, in the circular economy manufacturers seek to design products so that they are reused as much as possible. This approach, however, proposes a paradigm shift from a sense of ownership over resources and products to renting or paying for use.
This concept recognizes the importance of the economy has to work effectively at all scales, both for large and small businesses, for organizations and individuals globally and locally.
The transition to a circular economy, therefore, represents a systemic change that builds long-term resilience, generates business and economic opportunities, and provides environmental and social benefits.
It opens opportunities for better use of natural resources, profitable business and could help close gaps in areas such as food waste, production and waste management.