Circular Economy Offers Sustainable Solution to Resource Use But Faces Barriers to Adoption
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A circular economy focuses on reusing and regenerating materials and products to ensure environmentally friendly production and consumption.
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It seeks to keep products and materials circulating for as long as possible through reuse, repair, refurbishing, composting, and recycling.
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It is based on a systems-level approach to maintain the highest value of resources while minimizing waste.
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It incentivizes the reuse of products to reduce the extraction of new resources, which is critical to addressing climate change, biodiversity loss, waste, and pollution.
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Progress on transitioning to a circular economy has been limited globally, despite increased awareness, posing risks to global resources and planetary boundaries.