Resource Recirculation and Circular Economy (thematic report)by EmmanuelE Okon | 01-02-2023 05:56 |
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The circular economy (CE) has received considerable attention among policymakers and business stakeholders, addressing the issue of resource efficiency and material circularity. The core principles of CE are: (1) eliminate waste and pollution (mainly focusing on the end-of-life stage of a product), (2) use products and materials for a more extended period (indicating the middle of the life of any product and embedded materials to be circulated). (3) re-generate natural ecosystems (where the critical focus is on environmental sustainability and dematerializing the current consumption and production patterns, thereby highlighting the beginning of the life of any product—material extraction for the technical cycle and bio-based material for the biological cycle, use of non-toxic materials, and renewable energy). It is an economic instrument that pushes the current trend of material consumption to be slow, narrow, and closed loop, with an additional focus on supporting social and environmental goals. Coupled with resource circulation, the decarbonization of the economy also created significant momentum, especially in the transport and mobility sector, which is one of the critical contributors to global CO2 emissions. In more recent years to come the need of more batteries to power vehicles are going to be higher demands as production of electric vehicles are increasing day by day we therefore need to ensure the reuse of used cell by recycling them and ensuring it doesn't pollute the environment making it a place for humans to stay. Considering the economic importance we cannot therefore neglect maintaining a greener environment we therefore have to prevent exploitaion of the earth. Which can only accomplish by adopting reuse for continuous circulation.
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