Circular economy is an economic system whose aim is to minimize losses and consumption of disposable resources.
Closed Loop Economy
The emergence of the concept of circular economy is associated with dissatisfaction with the model of linear economy, which turned out to be insufficient in the face of emerging problems caused by too large and growing amount of waste in landfills. For this reason, a new system of sustainable resource management had to be created. This way, a circular economy was initiated, promoting a new approach where products are reused.
Systemic approach to manufacturing
Circular economics promotes a systemic approach, treating the examined objects as open systems forming a completely new whole. The ability to combine a sectoral and synergistic approach, adds to the circular economy strength, which in turn allows:
create more value for humanity,
improve efficiency and productivity,
reduce errors and inefficient use of materials, which in turn entails huge costs.
Thanks to the systemic approach, circular economy integrates social, economic and natural aspects at every level of management:
micro level – through the creation of eco-designs, eco-products, waste minimization, introduction of an environmental management system, etc.
meso level – through the creation of industrial eco-parks,