The Basics of a Circular Economy

We've all heard the mantra: Reduce, Reuse, Recycle. However, do we all understand the benefits of a circular economy?

There are three guiding principles of circularity:

1. Eliminate waste and pollution - keep products in use for as long as possible through regular maintenance, repairs and upgrades.

2. Circulate products and materials - recover waste for reuse and recycling.

3. Regenerate nature - use renewable, reusable, and non-toxic resources in an efficient way that does not compromise nature.

By reducing or eliminating the use of our finite natural resources, a circular economy tackles global challenges such as climate change, biodiversity and ecosystem loss, waste and pollution.