Circular economy is an approach aimed at optimizing resource usage and minimizing waste. The traditional linear economic model operates on a take, use, dispose logic for resources. However, circular economy breaks this linear model by adopting the process of transforming waste into resources.
In this model, every step from the design phase of products to the usage of materials is carefully planned by considering the lifecycle. Product lifespans are extended, maintenance is facilitated, and recycling processes are taken into account. This way, the goal is to make waste reusable and manage natural resources more efficiently.
Circular economy not only supports sustainability but also stimulates economic growth. Reuse and recycling processes create new employment opportunities and enhance economic diversity. Additionally, more efficient use of natural resources reduces environmental impact.
This sustainable economic model carries the aim of leaving a healthier environment for future generations. Circular economy aims to use resources more intelligently and protect our planet by considering waste not as a problem but as an opportunity.
As Circles of Impact Foundation, we endorse the circular economy and believe it is the fundamental notion of a new paradigm that is friendly to both nature and humanity.