From the course: Sustainability for Design, Construction, and Manufacturing
Join today to access over 22,600 courses taught by industry experts or purchase this course individually.
Circular economy
From the course: Sustainability for Design, Construction, and Manufacturing
Circular economy
- The World Economic Forum defines circular economy as an industrial system that is restorative or regenerative by intention and design. It replaces the end-of-life concept with restoration, shifts toward the use of renewable energy, eliminates the use of toxic chemicals, which impair, reuse, and return to the biosphere, and aims for the elimination of waste through the superior design of materials, products, systems, and business models. In simpler words, circular economy is when an economy eliminates waste or turns it into a valuable asset by reuse. The opposite of circular economy is a linear model of production and consumption. You are all very familiar with this model, where raw materials are made into products and goods, sold, used by the consumer, and discarded as waste, likely to end up in a landfill. Circular economy is the opposite of this approach, almost similar to the natural ecosystem's cycles. For example…
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.