Circular Economy

Content for Mains Enrichment (CME)

Source: BBC

 

The circular economy is an economic model that aims to minimize waste and resource consumption by promoting reuse, recycling, and regeneration of materials and products.

 

Examples are:

  • United Repair Centre (URC) (in Amsterdam) employs refugees as tailors to repair clothing, contributing to sustainability and prolonging garment lifespans.
  • Start-up Madaster (in Amsterdam) created an online registry to track materials used in buildings, promoting reuse and reducing waste in the construction industry.
  • Clothes Box Foundation: It is a not-for-profit organization that bestows clothes to less fortunate individuals.
  • Binbag Recycling: It leverages technology to collect and recycle e-waste in formal channels.

 

Usage: The example can be cited in Environment questions to highlight the circular economy.