Closing the Loop

<p><span style=color: rgba(31 31 31 1)>What is a circular economy?</span></p><p><span style=color: rgba(31 31 31 1)> </span></p><p><span style=color: rgba(31 31 31 1)>A circular economy is an economic system that is based on the use and reuse of resources. It is an economy that seeks to minimize or eliminate waste. In a circular economy products and services are designed to last a long time and be easily repaired updated or reused.</span></p><p><span style=color: rgba(31 31 31 1)> </span></p><p><span style=color: rgba(31 31 31 1)>A circular economy is in contrast to the traditional linear economy which uses resources converts them into products and then discards them as waste. In a linear economy waste is a major problem. It pollutes the environment and depletes natural resources.</span></p><p><span style=color: rgba(31 31 31 1)> </span></p><p><span style=color: rgba(31 31 31 1)>A circular economy offers many benefits. It helps to protect the environment conserve natural resources and promote economic growth.</span></p><p><span style=color: rgba(31 31 31 1)> </span></p><p><span style=color: rgba(31 31 31 1)>Principles of a circular economy</span></p><p><span style=color: rgba(31 31 31 1)> </span></p><p><span style=color: rgba(31 31 31 1)>There are three main principles of a circular economy:</span></p><p><span style=color: rgba(31 31 31 1)> </span></p><p><span style=color: rgba(31 31 31 1)>Design: Products and services should be designed to last a long time be easily repaired and be reused.</span></p><p><span style=color: rgba(31 31 31 1)>Flow: Resources should be used and reused in a closed loop.</span></p><p><span style=color: rgba(31 31 31 1)>Renewability: Resources should be renewed so that they do not run out over time.</span></p><p><span style=color: rgba(31 31 31 1)>Examples of a circular economy</span></p><p><span style=color: rgba(31 31 31 1)> </span></p><p><span style=color: rgba(31 31 31 1)>There are many examples of a circular economy in action. For example many companies are now designing products that are easy to repair. Apple recently launched a new repair service that allows customers to repair their iPhones and iPads at home.</span></p><p><span style=color: rgba(31 31 31 1)> </span></p><p><span style=color: rgba(31 31 31 1)>Another example is reuse. Reuse is an important part of a circular economy. By reusing we can reduce waste and conserve resources. For example we can reuse plastic bottles by recycling them or donate old clothes.</span></p>