Circular Economy
A circular economy is an industrial system that is restorative or regenerative by intention and design. It replaces the end-of-life concept with restoration, aiming to keep products, components, and materials at their highest utility and value at all times.
In a circular economy, waste and pollution are designed out of the system altogether, and natural resources are used in such a way that they can be sustainably replenished. The closed loop of the circular economy ritually keeps resources at their highest quality while minimizing pollution.