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Resource Recirculation and Circular Economy |
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by Ilona Poplavskaya | 13-01-2023 21:36 0 |
Kazakhstan's resource economy depends on the ability to preserve the value of finite resources and natural capital to succeed. Current linear patterns of production and consumption (take-waste) have proven unsustainable and a barrier to success. Products are designed and used with finite lifespans and decreasing costs; environmental and social costs are not included in the purchase price. The transition of the economy to a model based on environmental protection, social well-being and good financial health will require better products, business models and partnerships. A circular economy reengages consumption and production beyond the linear model by decoupling economic growth from resource use. Circularity adds value to natural resources, reduces carbon emissions and eliminates waste. It redefines value and drives innovation in product design and service delivery systems. The transition to a circular economy does not individually balance economic, environmental and social priorities: it achieves them simultaneously. A circular economy is a systematic approach to economic development that benefits business, society and the environment. Unlike the linear go-do-go model, the circular economy is regenerative in nature and aims to gradually decouple growth from the consumption of scarce resources. After defining what the economy really is, this learning path explores the nuances of the concept of circular economy, including the difference between biological and technical materials, the different possibilities of preserving the materials and products used, and the history of the development of the economy. idea. . Finally, the benefits of moving from a linear to a circular economy are highlighted. This work in the circular economy is an important part of slowing down climate change. We must act to overcome the climate crisis, and material recovery plays an important role. The United Nations' International Resource Group has concluded that the extraction and processing of natural resources accounts for almost half of all global greenhouse gas emissions. Therefore, the EPA is developing strategies to identify key actions needed to reduce exposure to these materials. A thoughtful and inclusively designed circular economy can protect the environment, improve the economy and increase social equity. Sustainability requires social justice from the start. How we produce, use and manage our resources can disproportionately affect vulnerable communities.
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2 Comments
Hello, this is your mentor Minkyung.
Thank you for sharing information on resource recirculation and the circular economy. I agree that a thoughtful and inclusively designed circular economy can protect the environment, and I hope our generation gains awareness of the issue.
I'll be looking forward to your next report :)
Posted 31-01-2023 20:45
Hi, Ilona Poplavskaya!
This is your mentor, Yoon.
Thank you for introducing resource recirculation and wastage. You did well in explaining the concept of resource recirculation and how it is becoming more important these days.
Great job on writing the thematic report.
I am looking forward to reading your following report!
Posted 23-01-2023 23:57