Interest in the circular economy has grown over the past decade in recognition that current rates of resource consumption are unsustainable. The shift to a more sustainable model of economic growth requires a circular economy in which products are recycled, repaired or reused, and waste from one process is used as an input into others.
In 2015, the Paris climate agreement and the Sustainable Development Goals both highlighted the urgent need for ‘transformative’ approaches to reduce greenhouse gas emissions and resource use. At the same time, a circular economy is being made possible by advances in information technology. Digital eBay-style marketplaces for waste products and materials are, for example, being piloted in the US and ‘trace and return’ software is allowing firms to track products in the economy to optimize use and facilitate repairs and upgrading.… Seguir leyendo »