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circular economy
a sustainable model of production and consumption. it uses, reuses, repairs, refurbishes, shares, and recycles.
it ensures MAXIMUM VALUE EXTRACTED from items with MINIMAL IMPACT and MINIMAL WASTE
4 main strategies of circular economy
NSCR
narrowing- decrease material & energy use per product
slowing- consuming less and using products longer
closing- ensuring both production materials, resources, & finished product can be recycled.
regenerating- cleaner loops and organizations leaving environment in a better state.
biological and technical
2 main cycles included in circular economy concept?
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