See the below image for the Recycling circular economy diagram. A circular economy aims to eliminate waste, not just from recycling processes, but throughout the lifecycles of products and packaging. A circular economy aims to maximize value and eliminate waste by improving the design of materials, products and business models. A circular economy goes beyond recycling.
Recycling requires waste – and waste is what a circular economy seeks to eliminate. Too often the concept of a circular economy is muddled up with some kind of advanced recycling process that would mean keeping our industrial system as it is and preserving a growing consumption model.
It is a change to the model in which resources are mined, made into products, and then become waste. A circular economy reduces material use, redesigns materials to be less resource intensive, and recaptures wasteā€¯ as a resource to manufacture new materials and products.