What s Circular Economy

Manufacture, use and disposal? No, reduce, reuse and recycle. The current paradigm of lineal financial mannequin may very well be coming to an end and its place shall be taken by the circular economy.

Reusing components would be a aid for nature

The present mannequin of production and administration of resources, items and providers that seeks to promote quick-time period consumption is leading the planet to an unsustainable situtation. The nowadays financial system is the opposite of the life cycle of nature and collides with sustainable development, focused on the long term. In nature there is no such thing as a waste or landfill: all components play a role repeatedly and are reused in several stages.

What's the circular financial system?
Taking as an example the cyclical nature pattern, circular financial system is presented as a system of resources utilization the place reduction, reuse and recycling of parts prevails: decrease production to a naked minimum, and when it's necessary to use the product, go for the reuse of the elements that may not return to the environment.

That is, the circular economy promotes the usage of as many biodegradable supplies as attainable in the manufacture of products -organic nutrients- so they can get back to nature with out causing environmental damage at the end of their useful life. When it isn't attainable to make use of eco-pleasant materials -technical nutrients: electronics, hardware, batteries... - the intention is to facilitate a simple uncoupling to offer them a new life by reintroducing them into the production cycle and compose a new piece. When this is not doable, it is going to be recycled in a respectful way with the environment.

Good for users... and companies
The circular financial system: what is it?

In contrast to other financial fashions where the economic facet prevails over the social or environmental, circular economy is a considerable improvement common to both businesses and consumers. Corporations that have implemented this system are proving that reusing resources is way more price efficient than creating them from scratch. Because of this, production prices are reduced, in order that the sale price can be lowered, thereby benefiting the patron; not only economically, but additionally in social and environmental aspects.

Circular economy principles
There are ten ideas that define how circular economic system should work:



Waste becomes a resource: is the principle feature. All the biodegradable material returns to the character and the not biodegradable is reused.

Second use: reintroduce in the financial circuit those products that no longer correspond to the initial shoppers needs.

Reuse: reuse certain products or parts of those products that still work to elaborate new artifacts.

Reparation: discover damage products a second life.

Recycle: make use of supplies founded in waste.

Valorization: harness energy from waste that may’t be recycled.

Functionality economic system: circular economy goals to get rid of the sale of products in many cases to establish a system of rental property. When the product completes its primary function returns to the corporate, where it is dismantled for reusing the valid 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 throughout the life cycle of a product.

Industrial and territorial ecology: institution of an industrial organizational methodology in a territory characterised by an optimized administration of stocks and flows of supplies, energy and services.