The circular economy is an increasingly used concept that combines economic aspects with others related to the environment. It is based on the principle of "closing the cycle of life" or the circle of products.
We are currently governed by an economy based on a Linear production in which raw materials are extracted to use in the process of production or manufacture of goods and services that will subsequently be thrown out.
This model entails a very high environmental cost and enhances a short -term consumption that is based on "using and throwing" and is taking the planet to an unsustainable situation.
It is at this time when the concept of "is born"Circular economy" A new economy model that It promotes the production of goods and services while reducing the consumption and waste of raw materials, water and energy sources.
The circular economy proposes to apply the rule of "reducing, reusing, recycling and avoiding" In a continuous cycle, contributing to create a model of more sustainable society decreasing the use of resources due to the reduction of production and decreased energy consumption.
It is currently in one of the great priorities of European policy, betting on a economic growth without increasing resource consumption and transforming forms of production and consumption habits.
At European level, The “Europe 2020” initiative represents an important boost to implement the circular economy by defining a set of objectives that aim to establish an intelligent, sustainable and inclusive economy.
Luis Gil joins this new initiative reducing the consumption of raw materials, water and energy sources in its production process.
And did you know this new concept?
Great article about the importance of the circular economy, its concept as well as the advantages offered by having this model. Thank you very much for the information