Circular economy

Circular Economy

On 2 December 2015, the European Commission adopted a project on the circular economy, consisting of various actions to be carried out on the life cycle of products, such as design, production and consumption, which is called Circular Economy.

Is a generic term to define an economy that regenerates itself. There are two types of materials: biological materials, which can be reintegrated, and technical materials, which are destined to be revalued. In practice, it is a zero waste economy, where any product is consumed and reused.

In a circular economy, the value of goods and materials has a very long life, resources and waste are reduced to a minimum and when a good ends its production cycle is again used to create value, not only encourages long-term competitiveness but can also help:

  • Creating jobs
  • Create new business opportunities
  • Reduce industry costs
  • Optimize services and create better products
  • Preserving resources

Adopting a circular economy means reviewing all stages of production and paying attention to the entire chain involved in the production cycle, these are five:

  • Eco-design: create products knowing how useful they will be and how long they will last on the market.
  • Modularity and versatility: Give the product characteristics so that it can adapt to changing external conditions.
  • Renewable energies: Rely on the new field of renewable energies to support the eco-system.
  • Eco-system approach: Pay attention to which product you are creating and tie it to other products already on the market to increase the usefulness of them.
  • Material recovery: Replace raw materials with materials from recovery chains.

this type of economy is not just about recycling but about a real project that aims to protect the environment.

Links to the sources:

https://www.economyup.it/innovazione/che-cos-e-la-circular-economy-e-perche-puo-mantenere-l-europa-competitiva/

https://ec.europa.eu/growth/industry/sustainability/circular-economy_en

https://ec.europa.eu/environment/circular-economy/index_en.htm

Need more info? contact us