Manufacture, use and disposal? No, reduce, reuse and recycle. The current paradigm of lineal financial model might be coming to an end and its place will probably be taken by the circular economy.
Reusing parts would be a reduction for nature
The current model of production and management of resources, goods and services that seeks to promote quick-term consumption is leading the planet to an unsustainable situtation. The nowadays economic 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 such thing as a waste or landfill: all parts play a job constantly and are reused in numerous stages.
What’s the circular economic system?
Taking for example the cyclical nature sample, circular financial system is presented as a system of resources utilization where reduction, reuse and recycling of components prevails: minimize production to a bare minimum, and when it’s a necessity to use the product, go for the reuse of the elements that may not return to the environment.
That is, the circular economic system promotes the usage of as many biodegradable materials as doable in the manufacture of products -organic vitamins- to allow them to get back to nature with out inflicting environmental damage on the finish of their helpful life. When it is not possible to make use of eco-pleasant supplies -technical nutrients: electronics, hardware, batteries… – the aim is to facilitate a easy uncoupling to provide them a new life by reintroducing them into the production cycle and compose a new piece. When this just isn’t attainable, it will likely be recycled in a respectful way with the environment.
Good for users… and businesses
The circular economic system: what’s it?
In contrast to different financial fashions the place the financial aspect prevails over the social or environmental, circular economic system is a considerable improvement common to each companies and consumers. Companies which have carried out this system are proving that reusing resources is far more value efficient than creating them from scratch. Because of this, production prices are reduced, so that the sale price can be lowered, thereby benefiting the consumer; not only economically, but in addition in social and environmental aspects.
Circular economic system ideas
There are ten principles that define how circular financial system ought to work:
Waste turns into a resource: is the main feature. All the biodegradable material returns to the nature and the not biodegradable is reused.
Second use: reintroduce in the financial circuit these products that now not correspond to the preliminary consumers needs.
Reuse: reuse sure products or components 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 may’t be recycled.
Functionality economic system: circular financial system goals to get rid of the sale of products in many cases to determine a system of rental property. When the product completes its major operate returns to the company, the place 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 all through the life cycle of a product.
Industrial and territorial ecology: institution of an industrial organizational methodology in a territory characterised by an optimized management of stocks and flows of supplies, energy and services.
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