What is the circular economy?
Our consumption patterns are modelled on the "make, consume, throw away " scheme and the so-called linear economy which encourages "everything disposable". In this type of economy, raw materials are used in abundance. Waste, produced in a considerable volume, pollutes the environment. This is why the circular economy model has emerged in recent years in order to limit the damage caused by business as usual. But, by the way, what is the circular economy?
Circular economy: definition
The European Parliament defines the circular economy as " a model of production and consumption that consists of sharing, reusing, repairing, renovating and recycling existing products and materials for as long as possible so that they retain their value ". To this end, systems such as the functional economy are being put in place, which privileges use over ownership. The Xerox company provides photocopiers at its customers' premises with a maintenance service for the devices. Photocopiers will be less likely to be thrown away. The circular economy also encourages the establishment of systems for renting or sharing products or equipment.
The need for a more circular economy
Each European consumes an average of 14 tonnes of raw materials and produces 5 tonnes of waste per year. Consuming in the context of the linear economy leads to the overexploitation of natural resources, overconsumption and finally the overproduction of waste. In addition, the world's population has been steadily increasing and is expected to reach 9.6 billion by 2050. The ever-increasing demand is causing insecurity of supply in terms of raw materials. Not to mention the negative impact that the linear functioning of the economy has on the environment !
Create your account to read the rest
All it takes is an email address. You get access to all our articles and can apply to all our impact jobs.