Assalamualaikum, before we start, let us first acknowledge What is Circular Economy? So, the circular economy is an economic system based on the reuse and regeneration of materials or products, especially as a means of continuing production in a sustainable or environmentally, friendly way. The circular economy tackles climate change and other global challenges like biodiversity loss, waste, and pollution, by decoupling economic activity from the consumption of finite resources. Therefore, after diving a little bit into what a circular economy is, I do agree the circular economy might be able to solve the world's mounting waste problem. Since circular economy aims to turn all wastes into a resource by reintroducing them into the production cycle instead of product disposal at the end of their useful life. As well as creating new opportunities for growth, a more circular economy will reduce waste, and drive greater resource productivity.
There are a few examples of how circular economy is being ti applied to the real world. One of the examples is the Danish deposit and return system for recycling drink cans and bottles. This has the benefit which producing cans from recycled materials using 95% less energy than virgin materials. The next example is the recycling of artificial turf. Every artificial turf pitch that is recycled by Re-Match results in a saving of 400 tonnes of CO2, when compared to incineration, which is equivalent to 1.4 million plastic bags, or 250 tonnes of waste. The other example is a closed loop in reuse packaging-as-service. The reuse packaging-as-service offers a new circular consumption model, which reduces packaging and waste, thus encompassing the potential to reduce CO2, emissions by up to 60% when compared to single-use packaging. In conclusion, a circular economy can be able to reduce waste in the world. That is all for this blog this time!
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