The concept of a circular economy
A circular economy is restorative and regenerative by design, and aims to keep products, components, and materials at their highest utility and value at all times.
A concept that distinguishes between technical and biological cycles, the circular economy is a continuous, positive development cycle. It preserves and enhances natural capital, optimises resource yields, and minimises system risks by managing finite stocks and renewable flows. A circular economy works effectively at every scale.
Re-thinking Progress: The Circular Economy
There's a world of opportunity to rethink and redesign the way we make stuff. 'Re-Thinking Progress' explores how through a change in perspective we can re-design the way our economy works - designing products that can be 'made to be made again' and powering the system with renewable energy. It questions whether with creativity and innovation we can build a restorative economy.