The circular economy, creating social and environmental value
Posted on March, 19th 2018.
Supported by the Veolia Foundation, The Conversation France website now has a new section devoted to the circular economy. Interview with Dr. Thierry Vandevelde, who heads the Foundation.
What are the circular economy’s pillars?
The circular economy is based on a system of loops that reuse or recycle end-of-life products or materials back into the production process. Its ultimate goal is to separate economic growth from natural resource depletion by designing disruptive products, services, business models and public policies. There are three domains and seven pillars.
First, waste management, which involves recycling (organic matter).
Then comes the economic actors with sustainable extraction, exploitation and purchasing; eco-design (products and processes); industrial and territorial ecology; and the functionality economy.
Finally, consumer demand and behavior, which encompasses longer use times (repair and reuse) and responsible consumption (purchases, collaborative consumption, use).
→ Read the article first published on The Conversation