LWEO

chapter 3

chapter 3

Circular economy

For many centuries the economy has followed a linear model whereby raw materials are extracted from nature, there is production and consumption taking place and waste ends up in nature again. In a circular model raw materials are extracted from the waste of earlier production. This goes further than recycling products or parts of products. In sustainable production, the production is not at the expense of the production opportunities of future generations.

Circular economy comes in a number of forms: extension of useful life, maximisation of use and reuse of raw materials. The government wants to realise a circular economy in 2050. When agreements are made within an international context, the government plays an important role. While consumers do find circular consumption important they do not always show this yet in their behaviour or their purchasing behaviour. Financial incentives from the government are needed to encourage consumers to adopt the proper behaviour.

links
Circular economy (video 4 min.)

glossary

Glossary chapter 3


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exercises

Exercises (Word)