What is a circular economy?

• In a circular economy, products and materials are repaired, reused, and recycled rather than thrown away, ensuring that waste from one individual process becomes a valued input into another.

• A circular economy is an economic model based inter alia on sharing, leasing, reuse, repair, refurbishment, and recycling in an almost closed loop.

• It aims to retain the highest utility and value of products, components, and materials at all times.