INTRODUCTION

The aim

The aim of Chapter 3 is to raise awareness of circular economy among employees of chambers of commerce, regional development agencies, local authorities, and centres for entrepreneurship development, with the focus on the tools that can help you implement a new business model. In addition, will help foster the cooperation between municipalities and entrepreneurs in achieving the common goals: eliminate waste and pollution, circulate products and materials (at their highest value), and regenerate nature.

The objectives

This chapter focuses on the Circular economy as a new production and consumption model that ensures sustainable growth over time. It presents the tools which can drive the optimization of resources, reduce the consumption of raw materials, and recover waste by recycling or giving it a second life as a new product.

The rationale

The main aim of the circular economy is to make the most of the material resources available to us by applying three basic principles: reduce, reuse and recycle. In this way, the life cycle of products is extended, waste is used and a more efficient and sustainable production model is established over time. The balance between progress and sustainability is maintained.

The learning outcomes

Thanks to this chapter, you will learn the main concepts of circular economy and understand how economy models relate to waste management. You will also explore the examples of the business models for the circular economy and the tools which can drive the changes.

The duration of the course/study of this chapter:

Approximately 2h