What is the Circular Economy?
Moving away from a “take-make-waste” model of economic growth and moving towards regenerative business.
Ellen MacArthur Foundation and McKinsey Center for Business and Environment, Butterfly Diagram.
The circular economy offers the next progressive step in our economic model, taking over from the current linear ‘take-make-waste’ economy by seeking to extract the maximum value from resources in use and keeps materials in circulation for as long as possible through processes like reuse, repair, remanufacture and recycling. The end goal of a circular economy is to establish an ecologically safe and socially just operating space for humankind.
Stahel (2019). The circular economy: A user’s guide. Routledge
