Have you ever given an object a second life? Reusing yogurt pots to grow plants or a mug with a broken handle turned into a pencil holder. I recently made cushions out of coffee beans sacks from the nearby roasters. You probably also recycle glass bottles and carry a tote bag when going shopping, reducing the number of plastic bags.
From linear to circular economy
These are all examples of a circular economy. Established as a concept in the 70s, circular economy is the system of production and consumption that reduces waste to a minimum. Extending a product’s life is achievable by re-using, repairing, recycling and sharing, all of which create further value. Circular economy is the opposite of the linear economy model, where goods are simply thrown away after use.