What is a circular economy focused on?

A circular economy is concentrated on extending resource usage and recovering materials. This approach emphasizes designing products and systems that enable materials to be reused, refurbished, remanufactured, and recycled, thereby reducing waste and minimizing the consumption of finite resources. The goal is to create a closed-loop system where the lifecycle of materials is optimized, promoting sustainability and reducing environmental impact.

This model contrasts with a linear economy, which typically follows a "take, make, dispose" pattern, leading to significant waste generation. In a circular economy, the focus is on keeping materials in circulation for as long as possible, extracting their maximum value during use before recovering and regenerating products at the end of their lifecycle. This helps mitigate environmental challenges such as resource depletion and waste accumulation.