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Bookmark or Share- What is the circular economy - and why is the world less circular ...It was first published on 14 June 2022. In a circular economy, products are used again and again, which reduces our use of precious raw materials and cuts CO2 emissions. However, the amount of secondary materials being cycled back into the global economy has shrunk in the past five years, a new report says. The Circularity Gap Report highlights ...
- How digitalization can help build a circular economy ecosystemThis will enable and improve the co-creation of value. This migration to a digital core provides the base layer for the transition to a circular economy’s ecosystem-centric business model. Executives must address new ways of working and new principles that allow value creation, capture and delivery. While some organizations may elect to be ...
- Circular Economy - UNCTADA circular economy entails markets that give incentives to reusing products, rather than scrapping them and then extracting new resources.In such an economy, all forms of waste, such as clothes, scrap metal and obsolete electronics, are returned to the economy or used more efficiently.This can provide a way to not only protect the environment, but use natural resources more wisely, develop new ...
- Here’s what's needed to build a circular economyIn the circular economy, waste is eliminated, products and materials are kept in use throughout their product lifecycle and natural systems are regenerated. Such an approach is dependent on systems designed with a focus on reuse, repair, refurbishment and (when a product can no longer be of use) recycling. That means changing what we produce ...
- What are the benefits of a circular economy? | World Economic Forum1) Make better use of finite resources. The circular economy concept is all about making better use of natural resources like forests, soil, water, air, metals and minerals. Take the textiles industry. Each year, huge quantities of fossil fuels are used to produce clothes from synthetic fibers each year.
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