Humanity is using nature 1.7 times faster than Earth’s biocapacity can regenerate. This is clearly unsustainable, we need to take urgent action to evolve our economic system from linear to circular.

Our current economic system is linear. We take materials from the Earth, use them to make products, and eventually throw them away as waste. In contrast, a circular economy seeks to keep resources in use for as long as possible and extract the maximum value from them. It is a regenerative approach which minimises waste, pollution, and the depletion of natural resources.

The following principles underpin the circular economy:

• Eliminate waste and pollution.
• Design for durability, reuse, remanufacture and recycle.
• Regenerate natural systems.

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