Solutions to Watch: Circular Economy Solutions
The concept of a circular economy, an alternative to the traditional linear economy of "make, use, dispose," has gained significant traction in recent years. This approach emphasizes keeping resources in use for as long as possible, extracting maximum value, and then recovering and regenerating products and materials at the end of their service life. As of 2023, the circular economy is not just a theoretical model but a practical solution being implemented across various sectors. 5 solutions supporting a sustainable circular economy are:
- Circular11: Eco-friendly outdoor furniture and landscaping products made from 100% recycled plastic
- Circular City: They provide smart. reusable packaging systems that replace single-use packaging.
Their systems allow users to follow returned items through touchpoints to provide traceability and transparency. - Circular Biocarbon: Circular Biocarbon transforms sewage sludge and the organic fraction of municipal solid waste into high-value by-products using its groundbreaking flagship biorefinery.
- Circular Systems: Circular Systems produce valuable materials by recycling organic and textile waste material streams.
- The Loop Scoop: The Loop Scoop offers a digital platform focused on closing the loop in the fashion industry by introducing a circular model.