A systems approach designed to address global environmental issues such as climate change, biodiversity loss, waste and pollution. It is based on three design-driven principles, which are to eradicate waste and pollution, promote the continuous circulation of products and materials at their maximum value and contribute to the regeneration of nature.
This transition involves a shift to renewable energy and materials, aiming to decopule economic activity from the depletion of finite resources. The circular economy represents a holistic transformation that fosters resilience, business and economic value and both environmental and societal benefits.