See the below image for the Circular economy structure diagram. A circular economy is an economic model designed to minimize resource input, as well as waste and emission production. Circular economy aims to reach the maximum efficiency in the use of finite resources, the gradual transition to renewable resources, and recovery of the materials and products at the end of their useful life.
The enabling elements of the circular economy support the implementation and uptake of circularity by removing some of these obstacles for core elements-for example, using waste as a resource is difficult to implement because of a lack of knowledge of quantity and quality of waste streams, but can be enabled through the use of a digital platform…
More generally, circular development is a model of economic, social and environmental production and consumption that aims to build an autonomous and sustainable society in tune with the issue of environmental resources. The circular economy aims to transform our economy into one that is regenerative.
Circular economy structure image
